The Philippines’ crypto startups that went under the radar

Read from your browser

Daily Newsletter

Hello there

I’m ashamed to admit that I rarely watch even the greatest Hollywood movies unless I think it might help with work.

But I had to give Rocky a shot because its underdog tale of determination and grit inspires people from all walks of life, even today.

The story of the Philippines’ crypto firms, which had been overlooked by the country’s startup ecosystem, is not that different.

Just as Rocky rose as an unlikely contender to the mighty Apollo Creed through unconventional training, crypto startups in the Philippines do not fit into conservative investment mandates but have secured sizable funding rounds.

These startups have done so by adopting tech amid the Covid-19 pandemic. They have also used their knowledge of the crypto space to get ahead of the curve.

I hope this story gives you a chance to take a look at some of the country’s startups that have flown under the radar, because every champion was once a contender who refused to give up.

-- Deepti
 
 

THE BIG STORY

The Philippines: Asia’s next crypto hub?
From big venture capital deals to increasing crypto ownership, the Philippines is fast becoming a hub for crypto startups. Here’s why.
 
 

ORIGINALS VIDEO


Is Vietnam the next startup hotspot after Indonesia?

In episode 1 of Startup Frontiers: Vietnam, we look at the unique talent and capabilities that are driving Vietnam’s startup ecosystem and how these aspects will affect the community’s growth in the near future. Watch now.



 

TRENDING NEWS

SPH to sell SgCarMart for $118m to Toyota consortium
Toyotsu Binter is one of the firms in the consortium looking to buy SgCarMart, Business Times reported, citing sources.
Indonesians glued to phones for a third of waking hours in 2021, report finds
Data.ai estimates that Indonesians spent an average of 5.4 hours a day on their mobile devices, taking the top spot beside Brazil.
Indonesian agritech startup closes 2 warehouses, lays off employees
TaniHub has decided to focus on its B2B segment, Katadata reported.
Shopee to shut shop in France
The app’s localized platform in France stated that all services, including after-sales services, will continue for all orders paid until March 6.
TikTok Shop enters Thailand, Vietnam, Malaysia
TikTok is currently hiring locally in Thailand, Vietnam, and Malaysia, reported Pandaily.
YGG SEA enters Vietnam, plans more offices in region
The subDAO has already set up operations in Malaysia, Thailand, and Indonesia.


EVENTS HAPPENING


You can also check out a curated list of trending tech events over here.
  • International Women's Day Luncheon 2022 on March 8th
    Each year, Tech in Asia celebrates #IWD to promote equal representation and opportunities for women in the tech industry. On 8 March, we are inviting startup leaders to join an interactive and engaging 3- course luncheon in Singapore, to uncover actionable ways they can #breakthebias.
    This is a small-group event, with Dione Song (CEO, Love, Bonito), Juliet Zhu (CFO, Carsome) as well as Tech in Asia’s COO Maria Li will be joining to share their experiences and stories. We will facilitate candid conversations on career, life and leadership, to help attendees make meaningful connections.
    Limited seats available. RSVP now!
  • AWS SaaS Forum on March 8th
    Join the AWS SaaS Forum on March 8 to uncover opportunities and insights on SaaS trends, outlook for 2022 and how to build your business playbook. Attendance is complimentary.
  • Unlocking the possibilities of the digital credit ecosystem on March 16th
    Digitalization is in full swing and consumers are now used to having most aspects of their lives play out online. This also means that their expectations of financial institutions and players are now higher than ever - can businesses keep up?
    Join us on March 16 for a panel discussion led by global information technology company Experian to better understand how real time credit assessment, alternative sources of credit data, and AI/ML powered automation can enable a seamless customer experience and new credit opportunities in today’s digital credit ecosystem.
    Click here to reserve your place.



WHO'S HIRING

You can post a job here or search for jobs here.

ADVERTISE | SUBSCRIBE

P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox.

Too many emails?
Switch to a different frequency or get new content through our preference center, or unsubscribe.

You can also break our hearts and remove yourself from all Tech in Asia emails over here
 
 
Copyright © 2022 Tech in Asia, All rights reserved.
63 Robinson Road, Singapore 068894

Older messages

Pre-IPO conditioning: how startups prepare for market debuts

Monday, February 28, 2022

Opening Bell 🔔 is Tech in Asia's free newsletter, which brings you the biggest news and latest trends around publicly listed Asian tech companies. Read from your browser Opening Bell 🔔 Welcome to

Carsome’s new execs from Capital A and MyTukar

Sunday, February 27, 2022

More: Alibaba's profits take a dip, and another NFT startup raises funds. Read from your browser Daily Newsletter Hello there For employees, it's only natural to seek out greener pastures. The

Dubai eyes crypto crown as SG opts for caution

Saturday, February 26, 2022

Check out our top articles for the week Read from your browser Top Stories of The Week Hello there Have you ever gone for an interview or took a test and left the room feeling like you did a pretty

The future is made of many different things

Friday, February 25, 2022

Princeton Digital Group, Amber Group, MediBuddy, and more startups secured funding this week. Read from your browser FOMO Saturday Hello there There are many, many articles out there about the rise of

Carousell’s 2020 numbers, explained

Thursday, February 24, 2022

More: VNPay strikes a deal with Visa, and Instahome partners with Flokq. Read from your browser Daily Newsletter Hello there A few years ago, my parents decided that they wanted to buy a new sofa set.

You Might Also Like

Daily Coding Problem: Problem #1707 [Medium]

Monday, March 3, 2025

Daily Coding Problem Good morning! Here's your coding interview problem for today. This problem was asked by Facebook. In chess, the Elo rating system is used to calculate player strengths based on

Simplification Takes Courage & Perplexity introduces Comet

Monday, March 3, 2025

Elicit raises $22M Series A, Perplexity is working on an AI-powered browser, developing taste, and more in this week's issue of Creativerly. Creativerly Simplification Takes Courage &

Mapped | Which Countries Are Perceived as the Most Corrupt? 🌎

Monday, March 3, 2025

In this map, we visualize the Corruption Perceptions Index Score for countries around the world. View Online | Subscribe | Download Our App Presented by: Stay current on the latest money news that

The new tablet to beat

Monday, March 3, 2025

5 top MWC products; iPhone 16e hands-on📱; Solar-powered laptop -- ZDNET ZDNET Tech Today - US March 3, 2025 TCL Nxtpaper 11 tablet at CES The tablet that replaced my Kindle and iPad is finally getting

Import AI 402: Why NVIDIA beats AMD: vending machines vs superintelligence; harder BIG-Bench

Monday, March 3, 2025

What will machines name their first discoveries? ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

GCP Newsletter #440

Monday, March 3, 2025

Welcome to issue #440 March 3rd, 2025 News LLM Official Blog Vertex AI Evaluate gen AI models with Vertex AI evaluation service and LLM comparator - Vertex AI evaluation service and LLM Comparator are

Apple Should Swap Out Siri with ChatGPT

Monday, March 3, 2025

Not forever, but for now. Until a new, better Siri is actually ready to roll — which may be *years* away... Apple Should Swap Out Siri with ChatGPT Not forever, but for now. Until a new, better Siri is

⚡ THN Weekly Recap: Alerts on Zero-Day Exploits, AI Breaches, and Crypto Heists

Monday, March 3, 2025

Get exclusive insights on cyber attacks—including expert analysis on zero-day exploits, AI breaches, and crypto hacks—in our free newsletter. ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌ ͏ ‌

⚙️ AI price war

Monday, March 3, 2025

Plus: The reality of LLM 'research' ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Post from Syncfusion Blogs on 03/03/2025

Monday, March 3, 2025

New blogs from Syncfusion ® AI-Driven Natural Language Filtering in WPF DataGrid for Smarter Data Processing By Susmitha Sundar This blog explains how to add AI-driven natural language filtering in the