Radar · Blockchain Technology in Hong Kong
Best Blockchain Technology Companies in Hong Kong, China
The 363 best Blockchain Technology companies in Hong Kong, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bitfinex.
By Rohit KhannaTrends & Stories
363companies tracked
$3.8Bdisclosed funding
6unicorns
114have raised
FLIAR INTELLIGENCE · BLOCKCHAIN TECHNOLOGY × HONG KONG
Our analysis of 247 Blockchain Technology companies
$15.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
247companies analysed
95%cloud-native stacks
2024funding peak (by rounds)
20unicorns
2021median founding year
485kcombined LinkedIn audience
54%of audience held by top 3
1companies hiring publicly (12 mo)
Ranked: Best Blockchain Technology companies in Hong Kong
| # | Company | Disclosed funding | Last round | Stage | Founder | Employees | App-install YoY | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Bitfinex 🦄 Online cryptocurrency trading platform 69Tech top 20%Moat top 26%Market top 35%Funding top 36% All 8 signals ▾Techtop 20% Moattop 26% Markettop 35% Fundingtop 36% Customerstop 43% Growthtop 45% Producttop 50% Globalbottom 38% Tech: 79 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon S3 Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 69/100 | $1.0B | 85 mo ago | Funding Raised | — | 287 | — | — |
| 2 | Animoca Brands 🦄 Developer of blockchain-based PC and mobile games 67Customers top 19%Funding top 22%Tech top 26%Moat top 26% All 10 signals ▾Customerstop 19% Fundingtop 22% Techtop 26% Moattop 26% Producttop 35% Markettop 36% Talenttop 38% Globaltop 42% Fin. healthbottom 45% Growthbottom 43% Customers: Play-Store rating 4.60★ across 1,233,119 ratings (3 apps) · Review volume +0% in 6 mo Funding: Raised $870M across 20 rounds · 20 rounds over 15 yrs (1.3/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $870M | 19 mo ago | Series C | David Kim Co-Founder | 177 177 → 315 (+78%) | +7% | 1 partnership |
| 3 | BC Group Provider of branding, technology consulting, and digital asset management services 40Funding top 37%Market top 50%Talent bottom 49%Global bottom 36% All 4 signals ▾Fundingtop 37% Markettop 50% Talentbottom 49% Globalbottom 36% Funding: Raised $287M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) Market: 119 employees (top 40% of FinTech) rank vs industry peers · Fliar Intelligence Index 40/100 | $287M | 31 mo ago | Public | Hugh Madden CEO | 119 | — | — |
| 4 | RedotPay Provider of cryptocurrency payment card and app 80Funding top 15%Customers top 20%Growth top 27%Tech top 31% All 8 signals ▾Fundingtop 15% Customerstop 20% Growthtop 27% Techtop 31% Talenttop 38% Globaltop 45% Producttop 46% Markettop 47% Funding: Raised $194M across 3 rounds · 3 rounds over 1 yrs (3.0/yr) Customers: Play-Store rating 4.57★ across 63,352 ratings (1 apps) rank vs industry peers · Fliar Intelligence Index 80/100 | $194M | 6 mo ago | Series B | Jonathan Chan Head of Partnership & Co-founder | — | +86% | 1 launch · 2 partnerships |
| 5 | BabelFinance 🦄 Cryptocurrency-backed loans and deposit products and fund of funds | $120M | 48 mo ago | Series B | Del Wang Co-Founder | 170 | — | — |
| 6 | The Sandbox 🦄 Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming… 74Tech top 22%Moat top 26%Funding top 31%Market top 33% All 9 signals ▾Techtop 22% Moattop 26% Fundingtop 31% Markettop 33% Talenttop 38% Growthtop 45% Producttop 46% Newsbottom 46% Globalbottom 39% Tech: 57 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 74/100 | $115M | 24 mo ago | Series B | Sebastien Borget Co-Founder & COO | 404 | — | 1 launch |
| 7 | AlloyX Provider of stablecoin payment infrastructure, digital asset custody, and tokenization services 72Funding top 21%Talent top 23%Global top 45% All 3 signals ▾Fundingtop 21% Talenttop 23% Globaltop 45% Funding: Raised $112M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) Talent: 5 named leaders on record · 5 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 72/100 | $112M | 4 mo ago | Acquired | Thomas Zhu Co-Founder and Chief Executive Officer | — | — | 8 job openings · 1 award |
| 8 | Hex Trust Custodian service for digital assets 67Growth top 28%Talent top 28%Moat top 31%Funding top 32% All 10 signals ▾Growthtop 28% Talenttop 28% Moattop 31% Fundingtop 32% Producttop 32% Innovationtop 34% Globaltop 46% Techbottom 47% Marketbottom 46% Newsbottom 18% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 67/100 | $104M | 16 mo ago | Series B | Marc Droz Co-Founder | 100 | — | 1 award |
| 9 | HashKey 🦄 Cryptocurrency trading and exchange platform 62Funding top 23%Moat top 26%Product top 28%Tech top 31% All 10 signals ▾Fundingtop 23% Moattop 26% Producttop 28% Techtop 31% Talenttop 38% Newstop 42% Markettop 45% Growthtop 45% Customersbottom 42% Globalbottom 36% Funding: Raised $100M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 62/100 | $100M | 16 mo ago | Public | Xiao Feng Founder & Co-CEO | — | — | — |
| 10 | XanPool Fiat-gateway software solution for exchanges, wallets, and other cryptocurrency businesses | $73M | 42 mo ago | Deadpooled | Artem Ibragimov Co-Founder | 90 | — | — |
| 11 | OmniPact Developer of a trust settlement layer for Web3 value exchange 35Funding top 25%Tech top 46%Talent bottom 49%Market bottom 37% All 5 signals ▾Fundingtop 25% Techtop 46% Talentbottom 49% Marketbottom 37% Globalbottom 25% Funding: Raised $50.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Tech: 18 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel rank vs industry peers · Fliar Intelligence Index 35/100 | $50M | 3 mo ago | Series C | Alex Johnson Co-Founder & CEO | — | — | — |
| 12 | ParallelChain Lab Blockchain-based network for the digital transaction and data protection | $50M | 44 mo ago | Funding Raised | — | 22 | — | — |
| 13 | PlatON Blockchain based data sharing platform | $50M | 68 mo ago | Series A | Feng Xiao Founder | 19 | — | — |
| 14 | ICON Cryptocurrency exchange platform | $43M | 104 mo ago | Funding Raised | — | 4 | — | — |
| 15 | Aergo SQL-based smart contract protocol | $39M | 90 mo ago | Series B | Won Kim Founder | 15 | — | — |
| 16 | Humanity Protocol 🦄 Developer of a decentralized identity blockchain protocol 64Tech top 22%Moat top 26%Market top 34%Funding top 37% All 7 signals ▾Techtop 22% Moattop 26% Markettop 34% Fundingtop 37% Talentbottom 49% Growthbottom 48% Globalbottom 38% Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 64/100 | $30M | 16 mo ago | Seed | Terence Kwok CEO | — | — | — |
| 17 | Opinion Labs Developer of decentralized prediction, opinion markets, and AI oracle platform 57Funding top 31%AI top 45%Talent bottom 45%Global bottom 38% All 4 signals ▾Fundingtop 31% AItop 45% Talentbottom 45% Globalbottom 38% Funding: Raised $25.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) AI: Product described with: ai-driven rank vs industry peers · Fliar Intelligence Index 57/100 | $25M | 4 mo ago | Seed | Forrest Liu Founder | — | — | — |
| 18 | OneKey Digital wallet for cryptocurrencies 57Tech top 19%Growth top 33%Customers top 38%Funding top 43% All 10 signals ▾Techtop 19% Growthtop 33% Customerstop 38% Fundingtop 43% Talentbottom 49% Productbottom 48% Marketbottom 39% Moatbottom 38% Globalbottom 36% Newsbottom 22% Tech: 65 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront Growth: Web rank 5,000,000 → 1,000,000 YoY · App-install growth +40% YoY rank vs industry peers · Fliar Intelligence Index 57/100 | $20M | 12 mo ago | Series A | Yishi Wang Founder | — | +40% | — |
| 19 | BitCoke Online trading platform for cryptocurrency | $20M | 50 mo ago | Series B | Pietro Riccio CEO | — | — | — |
| 20 | Oddup Data driven approach to assess invest-ability of startups | $20M | 57 mo ago | Series C | Jackie Lam Co-Founder | 40 | — | — |
| 21 | ALEX Blockchain-based infrastructure for the financial industry | $18M | 29 mo ago | Series A | Rachel Yu Co-Founder | 6 | — | — |
| 22 | Kikitrade Social trading platform for cryptocurrencies | $18M | 50 mo ago | Series A | Allen Ng Founder & CEO | 57 | — | — |
| 23 | Auros Algorithmic trading and market-making platform | $17M | 38 mo ago | Series B | — | 4 | — | — |
| 24 | Chainflip Online exchange platform for cryptocurrencies | $16M | 30 mo ago | Series B | — | 26 | — | 1 launch |
| 25 | Mocaverse NFT collection and community platform 50Tech top 26%Talent top 38%Funding top 45%Growth top 45% All 8 signals ▾Techtop 26% Talenttop 38% Fundingtop 45% Growthtop 45% Marketbottom 39% Globalbottom 38% Moatbottom 38% Newsbottom 18% Tech: 41 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 50/100 | $15M | 18 mo ago | Series A | Yat Siu Co-Founder | — | — | — |
| 26 | OSL Cloud-enabled brokerage trading solutions for cryptocurrencies 69Tech top 22%Funding top 33%Growth top 37%Product top 44% All 11 signals ▾Techtop 22% Fundingtop 33% Growthtop 37% Producttop 44% Markettop 45% AItop 45% Partnerstop 45% Innovationtop 48% Talentbottom 49% Globalbottom 36% Newsbottom 27% Tech: 50 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Web Services Funding: Raised $14.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $14M | 4 mo ago | Acquired | Wayne Trench CEO | 237 | — | 1 partnership · 4 awards |
| 27 | SignalPlus AI-enabled trading software suite for digital assets 48Growth top 28%Moat top 39%Funding top 40%AI top 45% All 10 signals ▾Growthtop 28% Moattop 39% Fundingtop 40% AItop 45% Producttop 46% Techtop 47% Talentbottom 49% Globalbottom 38% Marketbottom 26% Newsbottom 18% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 48/100 | $12M | 0 mo ago | Series B | Chris Yu Co-Founder & CEO | 12 | — | — |
| 28 | Metalpha Digital asset-focused wealth management company providing financial services to institutional investors and… | $12M | 7 mo ago | Public | Adrian Wang Founder And Ceo | 49 | — | — |
| 29 | OpenSocial Platform that enables users to create and engage with their own social communities 53AI top 20%Talent top 38%Funding top 39%Global bottom 38% All 5 signals ▾AItop 20% Talenttop 38% Fundingtop 39% Globalbottom 38% Marketbottom 37% AI: Classified as an AI company Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 53/100 | $11M | 22 mo ago | Series A | HsinYa Man Co-Founder | — | — | — |
| 30 | Psy Developer of a privacy-preserving, scalable, and decentralized Layer 1 protocol | $11M | 23 mo ago | Seed | Tony Lu Co-Founder | — | — | — |
| 31 | KLKTN NFT-based marketplace platform offering fan engagement solutions | $10M | 52 mo ago | Series A | — | 4 | — | — |
| 32 | QED Zero-knowledge blockchain protocol 14News top 44%Funding top 47%Tech bottom 47%Talent bottom 45% All 6 signals ▾Newstop 44% Fundingtop 47% Techbottom 47% Talentbottom 45% Globalbottom 38% Marketbottom 16% News: 2 BI events in 12 mo (of 8 tracked, 4 types) · +100% YoY Funding: Raised $9.2M · 2 rounds over 2 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 14/100 | $9M | 23 mo ago | Seed | Carter Feldman Founder & CEO | — | — | — |
| 33 | Terminal 3 Platform for decentralized storage and zero-knowledge proofs | $8M | 13 mo ago | Seed | Joey Liu Co-Founder & COO | — | — | — |
| 34 | Owlto Decentralized cross-rollup bridge and interportability platform 40Tech top 43%Growth top 45%Talent bottom 49%Market bottom 45% All 6 signals ▾Techtop 43% Growthtop 45% Talentbottom 49% Marketbottom 45% Fundingbottom 44% Globalbottom 38% Tech: 23 technologies across 4/8 capability areas · Cloud: Cloudflare Growth: Web rank 500,000 → 5,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $8M | 23 mo ago | Seed | Leo Ced Co-Founder | — | — | — |
| 35 | Gryfyn NFT-centric wallet for web3 ecosystem | $8M | 38 mo ago | Series A | Gryfyn Wallet CEO | — | — | — |
| 36 | Linear Finance Trading platform for cryptocurrencies | $8M | 47 mo ago | Seed | Kevin Tai Co-Founder And Soon To Be Dao Member | — | — | — |
| 37 | CoinMetro Financial services platform to trade and exchange crypto | $7M | 43 mo ago | Series A | Kevin Murcko CEO | 69 | +10% | — |
| 38 | Lumoz Decentralized blockchain infrastructure platform | $6M | 22 mo ago | Seed | NanFeng Co-Founder & CEO | — | — | — |
| 39 | Yuliverse Platform offering location-based, multiplayer interactive experience combining gaming and social networking | $6M | 24 mo ago | Seed | Ben Z Co-Founder | — | — | — |
| 40 | Mamori ML-enabled pathfinder for blockchain value extraction | $5M | 23 mo ago | Seed | Andy Lee Founder | — | — | — |
| 41 | Only1 NFT-based platform for social & creator economy | $5M | 25 mo ago | Series A | Leon Lee Founder & CEO | — | — | — |
| 42 | Sleek NFC-based Web3 Networking tool | $5M | 31 mo ago | Seed | Chase Guo Co-Founder | — | — | — |
| 43 | Finblox Platform offering trading of crypto assets | $4M | 37 mo ago | Seed | Peter Hoang Co-Founder & CEO | 25 | — | — |
| 44 | Anichess Provider of a blockchain-based chess game | $3M | 25 mo ago | Seed | Chevan Tin Co-Founder & Head of Anichess | — | — | — |
| 45 | Moongate Modular web3 engagement layer for real-world activations | $3M | 26 mo ago | Acquired | Peter Hui Co-Founder | — | — | — |
| 46 | Earn Platform providing smart contract infrastructure | $3M | 30 mo ago | Seed | — | 6 | — | — |
| 47 | Mu Digital Platform providing access to credit investments and portfolio management services 48Tech top 34%Talent top 38%Growth top 45%Funding top 46% All 6 signals ▾Techtop 34% Talenttop 38% Growthtop 45% Fundingtop 46% Globalbottom 48% Marketbottom 37% Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $2M | 6 mo ago | Seed | Cholo Maputol Co-Founder | — | — | — |
| 48 | Sorted Wallet Provider of non-custodial crypto wallet app | $2M | 20 mo ago | Seed | Stephen Browne Co-Founder & CEO | — | — | — |
| 49 | Ordify Provider of a suite of products designed across diverse blockchain networks | $1M | 26 mo ago | Funding Raised | Atila CEO | — | — | — |
| 50 | Fireverse Provider of next-generation music platform leveraging AI | $100K | 16 mo ago | Seed | Jay Huang Co-Founder & CTO | — | — | — |
Top 12 Blockchain Technology companies in Hong Kong
#1
Acquired · Hong Kong, Hong Kong · founded 2012$112Mraised▾
Acquired · Hong Kong, Hong Kong · founded 2012
Provider of stablecoin payment infrastructure, digital asset custody, and tokenization services. The company delivers fiat-to-stablecoin solutions, embedded wallets, and multi-chain infrastructure. It supports payments, custody, settlement, investment, and asset tokenization. The platform facilitates sending and receiving stablecoin payments, currency exchange, and integration of crypto payments. It also offers real world asset tokenization.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 21%Talent
top 23%Global
top 45%Funding: Raised $112M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Post IPO (Feb 2026)
Talent: 5 named leaders on record · 5 C-suite/founder profiles curated
Global: Investors from 6 countries beyond China
Audience (LinkedIn): 9k LinkedIn followers
Hiring (LinkedIn): 8 hiring posts in 12 mo (public) · momentum +8 · hiring: Director of Information Security (Stablecoin), Stablecoin Product Lead
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Feb 2026Post IPO$100M
- Dec 2024Seed$10M
- Jun 2023Seed$2M
Founders & team
Investors
Offchain Labs, PMT, The Arbitrum Foundation, Kiln, Thesolomonfoundation, Fern Network
#2
Series B · Hong Kong, Hong Kong · founded 2023$194Mraised▾
Series B · Hong Kong, Hong Kong · founded 2023
Provider of cryptocurrency payment card and app. It offers a cryptocurrency card for crypto payments. It provides a range of services, including instant approval for virtual and physical cards deposit of crypto, and management of digital assets.
Fliar Intelligence Index™ 80how this company ranks against its industry peers
Funding
top 15%Customers
top 20%Growth
top 27%Tech
top 31%Talent
top 38%Global
top 45%Funding: Raised $194M across 3 rounds · 3 rounds over 1 yrs (3.0/yr) · Last round Series B (Dec 2025)
Customers: Play-Store rating 4.57★ across 63,352 ratings (1 apps)
Growth: App-install growth +86% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 32k LinkedIn followers — 6.6% of this cohort's audience · 28 engagements/post (2.7× cohort median)
Activity (LinkedIn): 1 product launches · 2 partnerships (incl. OpenPayd) announced in 12 mo
Funding rounds
- Dec 2025Series B$107M
- Sep 2025Series B$47M
- Mar 2025Series A$40M
Founders & team
Investors
Lightspeed Venture Partners, HSG, Galaxy, DST Global, Accel, Vertex Ventures
Tech stack
Alpine.JsAmazon SesAmazon Web ServicesApple Icloud MailAstroBamboohr
#3
Series C · Hong Kong, Hong Kong · founded 2024$50Mraised▾
Series C · Hong Kong, Hong Kong · founded 2024
Developer of a trust settlement layer for Web3 value exchange. The system provides secure trust protection for on-chain value exchange through code and consensus. It uses a deterministic execution escrow system based on finite state machines. A decentralized arbitration network triggers when code cannot cover real-world complexity. The sovereign identity system uses zero-knowledge proofs, where reputation is an asset.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Funding
top 25%Tech
top 46%Talent
bottom 49%Market
bottom 37%Global
bottom 25%Funding: Raised $50.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series C (Mar 2026)
Tech: 18 technologies across 4/8 capability areas · Cloud: Cloudflare, Vercel · Devops: Nginx
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Mar 2026Series C$50M
Founders & team
Tech stack
CloudflareGitbookGodaddyHstsHttp/3Next.Js
#4
Series B · Hong Kong, Hong Kong · founded 2021 · 12 employees$12Mraised▾
Series B · Hong Kong, Hong Kong · founded 2021 · 12 employees
AI-enabled trading software suite for digital assets. Provides Trading Toolkit Pro, a dashboard for trading analytics, risk assessment, and backtesting, Market Making Robot, an AI-powered trading bot, and more. Also provides an options trading platform built for retail investors.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 28%Moat
top 39%Funding
top 40%AI
top 45%Product
top 46%Tech
top 47%Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Funding: Raised $12.0M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) · Last round Series B (May 2026)
Funding rounds
- May 2026Series B$40M
- Jan 2025Series B$11M
- Aug 2022Series A$12M
Founders & team
Investors
GBV Capital, Incuba, Paradigm, SNZ, CHIRON, HashKey Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesAnt DesignApple Icloud MailCloudflareCloudflare Bot Management
#5
Series C · Kowloon, Hong Kong · founded 2006 · 177 employees$870.2Mraised▾
Series C · Kowloon, Hong Kong · founded 2006 · 177 employees
Developer of blockchain-based PC and mobile games. It develops and publishes blockchain games, traditional games, and other products. The company focuses on the development of racing and strategy-based NFT games which includes the sandbox, crazy kings, and crazy defense heroes. It also provides cloud authentication services and collaborate with formula one to develop blockchain games.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Customers
top 19%Funding
top 22%Tech
top 26%Moat
top 26%Product
top 35%Market
top 36%Customers: Play-Store rating 4.60★ across 1,233,119 ratings (3 apps) · Review volume +0% in 6 mo · Marquee-customer mentions: top 17% of tracked companies
Funding: Raised $870M across 20 rounds · 20 rounds over 15 yrs (1.3/yr) · Last round Series C (Nov 2024)
Tech: 40 technologies across 6/8 capability areas · Cloud: Cloudflare, Google Cloud · Devops: Nginx
Audience (LinkedIn): 59k LinkedIn followers — 12.2% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Inveo Kripto and Ichain Investment Holding) announced in 12 mo
Funding rounds
- Nov 2024Series C$10M
- Sep 2023Series C$31.9M
- Sep 2022Series C$38M
- Aug 2022Series C$110M
Founders & team
Investors
CMCC Global, Kingsway Capital, Liberty City Ventures, GameFi Ventures, OKX, Foresight Ventures
Tech stack
Apple Icloud MailCloudflareContentsquareGoogle AnalyticsGoogle CloudGoogle Cloud Cdn
#6
Seed · Hong Kong, Hong Kong · founded 2023$25Mraised▾
Seed · Hong Kong, Hong Kong · founded 2023
Developer of decentralized prediction, opinion markets, and AI oracle platform. The company provides a platform for predictive trading, opinion aggregation, and AI-driven insights. It offers decentralized prediction and dynamic opinion markets. The platform aims to provide transparent and objective information. It facilitates trading and portfolio management.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 31%AI
top 45%Talent
bottom 45%Global
bottom 38%Funding: Raised $25.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (Feb 2026)
AI: Product described with: ai-driven
Talent: 1 named leader on record
Funding rounds
- Feb 2026Seed$20M
- Mar 2025Seed$5M
- Aug 2024Seed—
Founders & team
Investors
Binance, YZi Labs, Animoca Ventures, Manifold, Amber Group, Echo
#7
Acquired · Hong Kong, Hong Kong · founded 2018 · 237 employees$14Mraised▾
Acquired · Hong Kong, Hong Kong · founded 2018 · 237 employees
Cloud-enabled brokerage trading solutions for cryptocurrencies. It offers solutions such as brokerage trading platform for BTC and ETH, exchange platforms for cryptocurrencies, custodian solutions for digital assets, and more. It also provides cloud-enabled onboarding solutions for investors.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Tech
top 22%Funding
top 33%Growth
top 37%Product
top 44%Market
top 45%AI
top 45%Tech: 50 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Web Services · Devops: Envoy
Funding: Raised $14.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) · Last round Post IPO (Jan 2026)
Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo
Audience (LinkedIn): 105k LinkedIn followers — 21.6% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 4 awards (incl. Jello Card) announced in 12 mo
Funding rounds
- Jan 2026Post IPO$200M
- Jul 2025Post IPO$300M
- Feb 2020Series A$14M
Founders & team
Investors
Fidelity Investments, Yolo Investments
Tech stack
AdaAmazon Web ServicesAnt DesignAtlassian StatuspageBamboohrCloudflare
#8
Series B · Hong Kong, Hong Kong · founded 2018 · 100 employees$104Mraised▾
Series B · Hong Kong, Hong Kong · founded 2018 · 100 employees
Custodian service for digital assets. It offers an enterprise grade multi currency custody platform. It provides cold, frozen, and ZeroKey wallet services to secure cryptocurrency. It offers APIs, on-chain segregation for transactions, multiple-factor authentication, real-time monitoring, and KYC, AML validation service. It offers fully regulated institutional digital asset custody, staking and markets services to builders, investors and service providers.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Growth
top 28%Talent
top 28%Moat
top 31%Funding
top 32%Product
top 32%Innovation
top 34%Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 67k LinkedIn followers — 13.8% of this cohort's audience · 20 engagements/post (1.8× cohort median)
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Feb 2025Series B—
- Mar 2022Series B$88M
- Oct 2021Series A$10M
- Jul 2021Series A—
Founders & team
Investors
QBN Capital, Radiant Tech Ventures, HashKey, Kinetic Capital Partners, Fenbushi Capital, Borderless Capital
Tech stack
CloudflareCloudflare Bot ManagementCloudflare TurnstileCore-JsGoogle AnalyticsGoogle Font Api
#9
HashKey 🦄Public · Hong Kong, Hong Kong · founded 2018$100Mraised▾
HashKey 🦄
Public · Hong Kong, Hong Kong · founded 2018
Cryptocurrency trading and exchange platform. It offers a platform that enables users to buy, sell, exchange, and trade cryptocurrencies like Bitcoin and Ethereum. It enables users to trade in spot markets. It also offers virtual asset trading services. Its app is available for Android and iOS users.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 23%Moat
top 26%Product
top 28%Tech
top 31%Talent
top 38%News
top 42%Funding: Raised $100M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Series A (Feb 2025)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 10 curated direct competitors tracked
Product: 1 published app (163k installs) · Company stage: Public
Audience (LinkedIn): 41k LinkedIn followers — 8.4% of this cohort's audience
Funding rounds
- Feb 2025Series A$30M
- Jan 2024Series A$100M
Founders & team
Investors
OKX, Gaorong Capital
Tech stack
Apple Sign-InBootstrapCloudflareCloudflare Bot ManagementCore-JsDocusign
#10
Public · Hong Kong, Hong Kong · founded 2021 · 49 employees$12Mraised▾
Public · Hong Kong, Hong Kong · founded 2021 · 49 employees
Metalpha Technology Holding Limited is a digital asset-focused wealth management company that provides investment solutions for institutional investors and high-net-worth individuals. The company offers a range of services including investment management, trading, and portfolio optimization. With a presence in Hong Kong and the United States, Metalpha aims to expand its presence in the digital asset wealth management market. The company is listed on the NASDAQ stock exchange under the ticker symbol MATH.
Funding rounds
- Oct 2025Post IPO$12M
Founders & team
Investors
Avenir Group, Gortune Investment
Tech stack
CloudflareCloudflare Browser InsightsCloudflare Rocket LoaderEchartsFont AwesomeGoogle Analytics
#11
Series A · Hong Kong, Hong Kong · founded 2020$20Mraised▾
Series A · Hong Kong, Hong Kong · founded 2020
Digital wallet for cryptocurrencies. The company offers a platform that provides a range of services linked to cryptocurrencies, such as an open-source crypto wallet for handling and trading NFTs and crypto assets, a crypto hardware wallet for DeFi and NFTs, and a crypto card for everyday spending.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 19%Growth
top 33%Customers
top 38%Funding
top 43%Talent
bottom 49%Product
bottom 48%Tech: 65 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront · Devops: Envoy, Nginx
Growth: Web rank 5,000,000 → 1,000,000 YoY · App-install growth +40% YoY · Fresh capital in last 24 mo
Customers: Play-Store rating 4.17★ across 1,565 ratings (1 apps) · Review volume +35% in 6 mo
Audience (LinkedIn): 833 LinkedIn followers
Funding rounds
- Jun 2025Series A—
- Sep 2022Series A$20M
Founders & team
Investors
DRAGONFLY, Ribbit Capital, Coinbase, Framework Ventures, Sky9 Capital, Folius Ventures
Tech stack
AhrefsBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#12
Seed · Hong Kong, Hong Kong · founded 2023$30Mraised▾
Seed · Hong Kong, Hong Kong · founded 2023
Developer of a decentralized identity blockchain protocol. This protocol enables on-chain identity verification, offering users enhanced control and security over their digital identities. The platform facilitates the creation and management of verifiable credentials, streamlining identity verification processes across various applications. It aims to provide a secure and transparent system for managing digital identities, improving user privacy and data control. The protocol is designed for scalability and interoperability, allowing for seamless integration with existing systems.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
Tech
top 22%Moat
top 26%Market
top 34%Funding
top 37%Talent
bottom 49%Growth
bottom 48%Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Nginx
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Market: Top-50,000 web property · Unicorn (valued $1.0B)
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
- Jan 2025Seed$20M
- May 2024Seed$30M
- Feb 2024Seed—
Founders & team
Investors
Hashed, CMCC Global, Cypher Capital, Foresight Ventures, Mechanism Capital, Kingsway Capital
Tech stack
Amazon SesAmazon Web ServicesCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCookieyes
Funding & investor landscape
$3.8Btotal disclosed funding
99companies funded
163disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
Thomas Zhu
Co-Founder and Chief Executive Officer · AlloyX
Jonathan Chan
Head of Partnership & Co-founder · RedotPay
Michael Gao
Co-Founder & CEO · RedotPay
Alex Johnson
Co-Founder & CEO · OmniPact
Chris Yu
Co-Founder & CEO · SignalPlus
David Kim
Co-Founder · Animoca Brands
Robby Yung
CEO · Animoca Brands
Forrest Liu
Founder · Opinion Labs
Wayne Trench
CEO · OSL
Marc Droz
Co-Founder · Hex Trust
Alessio Quaglini
Co-Founder & CEO · Hex Trust
Xiao Feng
Founder & Co-CEO · HashKey
Prism market signals · China · country-scoped Prism corpus, 3,823,298 docs
Market landscape — 10 sub-themes by coverage
Share of Blockchain Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · China
How research on Blockchain is moving in China
A read on the academic research around Blockchain — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 8,470 China-affiliated papers.
research sentiment over time
201620212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 52% → 55% across 2016–2026.
top research entities
- Beijing University of Posts and Telecommunications343
- University of Electronic Science and Technology of China283
- Chinese Academy of Sciences212
- Xidian University185
- Beijing Institute of Technology183
leading researchers
Liehuang Zhu · Zibin Zheng · Yang Liu · Wei Wang · Debiao He · F. Richard Yu · Dusit Niyato · Yan Zhang
▲
Breakthroughs4,036 · 48%
47%→47% share
▲1.0× share momentum3 median citations92% since 2021mostly methods-led
Computer security research is exploding — Chinese blockchain papers surged from 15 to 2,044, with encryption and authentication newly emerging at scale.
rising sub-themes (early→recent)
- Computer security15→2044
- Computer network2→567
- Distributed computing1→476
- Scheme (mathematics)3→411
- Database transaction4→351
Newly emergingEncryption 0→292 · Authentication (law) 0→217 · Internet privacy 0→149
Landmark MeDShare: Trust-Less Medical Data Sharing Among Cloud Service Providers via Blockchain · 1,140 cites
◆
Advancements3,269 · 39%
▲ 33%→39% share
▲1.2× share momentum2 median citations94% since 2021mostly methods-led
Supply chain applications are newly dominant — 371 papers emerged alongside traceability (259) and smart contracts rising to 245.
rising sub-themes (early→recent)
- Computer security5→1373
- Database transaction3→339
- Distributed computing2→335
- Scheme (mathematics)1→247
- Smart contract1→245
Newly emergingSupply chain 0→371 · Computer network 0→286 · Traceability 0→259
Landmark Blockchain and Federated Learning for Privacy-Preserved Data Sharing in Industrial IoT · 1,190 cites
▼
Concerns787 · 9%
▼ 16%→9% share
▼0.6× share momentum2 median citations93% since 2021mostly reviews
Concern-segment field-share shrank from 16% to 9%, yet computer security issues intensified from 3 to 343 papers.
rising sub-themes (early→recent)
- Computer security3→343
- Supply chain3→135
- Traceability1→69
- Smart contract2→57
- Supply chain management1→48
Newly emergingData science 0→58 · Transparency (behavior) 0→52 · Database transaction 0→48
Landmark Blockchain challenges and opportunities: a survey · 3,163 cites
RESEARCH HOTSPOTS · China
Where blockchain is researched across China
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Beijing1593 · +0.69
Nanjing660 · +0.65
Shanghai627 · +0.62
Guangzhou/Shenzhen618 · +0.59
Wuhan337 · +0.64
Hangzhou267 · +0.62
Hefei139 · +0.68
Harbin119 · +0.63
PATENT SIGNAL · China
Who's filing blockchain patents in China
China blockchain patent filing is accelerating — 3,789 filings from 653 assignees (2018–2025), led by Alipay Hangzhou INF TECH, Alibaba Group Holding, Tencent TECH Shenzhen; annual filings 49→323.
3,789 filings653 assigneespeak 811/yr2018–2025
filing momentum (YoY 2018–2025)
top patent filers
- Alipay Hangzhou INF TECH735
- Alibaba Group Holding381
- Tencent TECH Shenzhen369
- ANT Blockchain TECH Shanghai160
- One Connect Smart TECH Shenzhen122
- Huawei TECH114
- Advanced New Technologies96
- Webank82
Common questions
How many Blockchain Technology companies are there in Hong Kong, China?
Radar tracks 363 indexable Blockchain Technology companies headquartered in Hong Kong, China that meet our profile-completeness bar.
What is the total funding raised by Blockchain Technology companies in Hong Kong, China?
The Blockchain Technology companies in Hong Kong, China on this list have raised a combined $3.8B in disclosed equity funding across 99 funded companies.
Which is the highest-funded Blockchain Technology company in Hong Kong, China?
Bitfinex is the highest-funded Blockchain Technology company in Hong Kong, China, with $1B in disclosed equity funding.
How many Blockchain Technology companies in Hong Kong, China are funded?
99 of the 363 Blockchain Technology companies in Hong Kong, China on this list have disclosed at least one equity funding round.
How many Blockchain Technology unicorns are there in Hong Kong, China?
6 Blockchain Technology companies in Hong Kong, China on this list are valued at $1B or more.
Who are the top investors in Hong Kong, China Blockchain Technology companies?
The most active investors in Hong Kong, China Blockchain Technology companies on this list include Animoca Brands, NGC Ventures, HashKey, OKX, SNZ.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.