Radar › Companies › Blockchain Technology · Vietnam
Radar · Blockchain Technology in Vietnam

Best Blockchain Technology Companies in Vietnam

The 148 best Blockchain Technology companies in Vietnam in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Axie Infinity.

148companies tracked
$258.3Mdisclosed funding
1unicorns
47have raised

Vietnam's Blockchain Technology scene is more concentrated than it looks: 148 companies tracked, $258M in total disclosed funding, and one unicorn sitting at the top of the stack. That unicorn is Axie Infinity, which pulled in $161M and dwarfs everything else in the directory by a wide margin. Kingdom Raids follows at $7M, then Amnis Finance and AshSwap at $2M each. So the funding curve here is steep. A handful of names capture most of the capital, while the long tail of 140-plus companies competes for scraps, which tells you something real about where the risk and the reward are concentrated.

The global picture gives Vietnam's momentum context. The blockchain market was valued at roughly $7.4B in 2022 and is growing at a ~62.73% CAGR, which I'd argue is the single most important number for anyone sizing up this sector right now. Prediction markets and DeFi infrastructure are drawing fresh attention, with decentralized prediction platforms emerging as a genuine growth vector this quarter. Regulatory uncertainty remains the structural headwind, but active investors like Infinity Capital and X21 Digital are still writing checks, which suggests conviction hasn't cooled.

Sources & further reading
  • Global Blockchain Technology Market to 2028: Players Include Coinbase,
  • NIST Taps Industry for Help in Understanding Emerging Technology Marke
FLIAR INTELLIGENCE · BLOCKCHAIN TECHNOLOGY × VIETNAM

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

Ranked: Best Blockchain Technology companies in Vietnam

#CompanyDisclosed fundingLast roundStageFounderTech stackApp-install YoYRecent signals
1Axie Infinity 🦄
Developer of a decentralized strategy-based gaming platform
$161M67 mo agoFunding RaisedAleksander Leonard Larsen
Co-Founder and Chief Operating Officer
SubstackSentryZendesk+18+25%—
2Viction
Blockchain platform providing zero gas transactions
$9M99 mo agoFunding RaisedLong Vuong
Co-Founder & CEO
Cart FunctionalityReactReact Router+14——
3Kingdom Raids
Developer of blockchain-based strategy RPG for PC and console
$7M44 mo agoSeedHai Van
CEO
———
4Rikkei Finance
Online platform for asset-backed lending
$6M54 mo agoSeries ADang Hoa
Co-Founder & CEO
———
5The Parallel
Developer of NFT-based casual PC and console games
$4M53 mo agoSeries ALouis Nguyen
CEO
———
6Ark Rivals
Provider of a sci-fi action strategy NFT game
$4M51 mo agoFunding RaisedNghia Do
CEO
———
7Ninety Eight
Ninety Eight
$4M58 mo agoFunding RaisedThanh Le
Founder
———
8Orbitau
Provider of NFT-based role-playing game
$3M51 mo agoDeadpooledMinh Nguyen
CEO
———
9Summoners Arena
Provider of play-to-earn role-playing game for mobile devices
$3M52 mo agoSeedManh Tran
Founder
PIXIjsBootstrapAlpine.js+13——
10RaceFi
Provider of an AI and blockchain-based fantasy car racing platform
$3M54 mo agoSeed————
11Pegaxy
Provider of blockchain-based play to earn horse racing game
$3M55 mo agoFunding RaisedSteve Nguyen
Co-Founder & CTO
Node.jsTypeScriptGraphQL+16+10%—
12ShopNEXT
Crypto onboarding platform with a shop-to-earn model
$3M54 mo agoFunding Raised—YouTubeBootstrapGSAP+16+28%—
13Shibafriend
App-based platform for NFT metaverse and games
$3M47 mo agoFunding RaisedAlan Yeap
CEO
———
14Poco
Online game-based marketplace for NFTs
$3M57 mo agoFunding RaisedCharlotte Nguyen
Co-Founder
———
15Plant Exodus
Gaming platform that enables players to grow and breed plants and trade with them in the marketplace
$3M49 mo agoFunding RaisedVo Linh
Co-Founder
———
16Faraland
Online marketplace for buying and selling of NFT collectibles
$3M60 mo agoFunding RaisedKelvin Phan
Co-Founder
MUIYouTubeReact+9——
17AshSwap
Decentralized exchange platform built on Elrond
$2M43 mo agoSeedNghia Nguyen
Co-Founder & CEO
SentryNode.jsRadix UI+13——
18Thetan Arena
Developer of an eSports game with blockchain technology and NFTs
$2M57 mo agoFunding RaisedHoang So
Co-Founder
SentryThree.jsstyled-components+13——
19TankWars
Developer of play-to-earn battle metaverse game
$2M52 mo agoSeedPaul Nguyen
Co-Founder
———
20Himo World
Provider of NFT-based battle game
$2M52 mo agoFunding RaisedQuan Vu
Co-Founder & CTO
———
21Amnis Finance
Platform offering liquid staking solution on the Aptos network
$2M20 mo agoSeedEric Nguyen
Co-Founder & CEO
Node.jsNextAuth.jsAnimate.css+17——
22Creator Platform
Provider of blockchain articles and information, excluding cryptocurrency-related content
$2M57 mo agoDeadpooledLeo Pham
Co-Founder
———
23HowlCity
Developer of a metaverse game based on blockchain technology
$2M55 mo agoFunding RaisedBui Cai
Co-Founder & CEO
———
24Luna Rush
Provider of NFT-based role-playing game
$2M53 mo agoSeedNgo Thai
Co-Founder & CEO
———
25Islander
NFT-based marketing platform for crypto projects
$2M53 mo agoFunding RaisedViet Tran
Founder & CEO
———
26Heroverse
NFT-based puzzle game website
$2M56 mo agoSeedDaniel Nguyen
CEO
———
27Kaby Arena
Provider of free-to-play turn-based NFT game
$2M57 mo agoFunding RaisedNhan Bui
Co-Founder & CEO
———
28KINGSPEED
Provider of blockchain-based racing game
$2M54 mo agoFunding RaisedTuyen Khuc
CEO
———
29Idle Cyber
Provider of blockchain-based role-playing games
$2M55 mo agoFunding RaisedNguyen Luat
Co-Founder & CEO
———
30Planet Sandbox
Blockchain-based in-game virtual assets marketplace using NFTs
$2M56 mo agoSeedSteven Lee
Co-Founder
———
31Ninneko
Provider of strategy-based NFT game
$2M55 mo agoFunding RaisedHai Nguyen
CEO
TypeScriptGraphQLMUI+14——
32Bunicorn
Online Defi gaming and NFT platform for individuals
$2M58 mo agoSeedPhuc Nguyen
Founder & CEO
———
33Green Beli
Provider of NFT-based eco-friendly game
$1M56 mo agoFunding RaisedOrin Phan
Co-Founder
———
34The MonoPolist
Developer of PC and console-based NFT board games
$1M55 mo agoFunding RaisedAnh Nguyen
Founder & CEO
———
35Oxalus
Online marketplace for NFT trading
$1M36 mo agoSeed————
36Duelist King
Developer of PC and console-based NFT card games
$1M55 mo agoAcqui-HiredDzung Tran
Co-Founder & CEO
———
37DePocket
Online platform to invest crypto assets across all DeFi platforms
$1000K54 mo agoFunding RaisedTuan Hoang
Co-Founder
———
38BSCS
Decentralized finance infrastructure platform
$885K21 mo agoSeedTuan Luong
Co-Founder & CEO
BootstrapAnt DesignReact+11——
39Last Survivor
NFT-based play-to-earn gaming platform
$638K54 mo agoFunding RaisedSam Ng
Co-Founder
———
40TapMe
Blockchain-based play-to-earn crypto game platform
$562K56 mo agoDeadpooledVuong Dang
Co-Founder & CEO
———
41Metaxy
Blockchain-based game and NFT collectibles platform for individuals
$500K53 mo agoFunding RaisedJune Phung
Co-Founder
———
42DEFI WARRIOR
Provider of character-based crypto games for PC
$222K57 mo agoFunding RaisedMark Dao
Co-Founder
———

Top 12 Blockchain Technology companies in Vietnam

#1
Seed · Hanoi, Red River Delta · founded 2023
$2Mraised
▾

Platform offering liquid staking solution on the Aptos network. It allows users to connect wallets and stake tokens to earn interest & rewards.

Funding rounds
  • Oct 2024Seed$2M
Founders & team
Eric NguyenCo-Founder & CEO
Investors
OKX, Borderless Capital, Aptos, Ambush Capital, Old Fashion Research, Chorus One
#2
Seed · Ho Chi Minh City, Ho Chi Minh City · founded 2019
$885Kraised
▾

Decentralized finance infrastructure platform. It allows users to earn BSCS while supporting BSCS. It offers staking for IDO and provide a range of products and services.

Funding rounds
  • Aug 2024Seed—
  • Apr 2021ICO$885K
Founders & team
Tuan LuongCo-Founder & CEO
Investors
K300 Ventures, BitValue Capital, Extrawatts, Basics Capital, Hello Candy, BD Ventures
#3
Funding Raised · Ho Chi Minh City, Southeast · founded 2018 · 303 employees
$161Mraised
▾

Developer of a decentralized strategy-based gaming platform. It provides users with a platform where users can buy virtual plots that can be upgraded over time using a variety of resources and crafting ingredients that can be founded when playing the game. Users can also sell the plots in the marketplace.

Funding rounds
  • Nov 2020ICO$3M
Founders & team
Aleksander Leonard LarsenCo-Founder and Chief Operating OfficerTrung NguyenCo-Founder & CEO
Investors
Ascend Vietnam Ventures, Buks Capital, KNC Ventures, B3V, AU21 Capital, Konvoy Ventures
Tech stack
Animate.CssCdnjsCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#4
Seed · Da Nang, Da Nang · founded 2021
$6.8Mraised
▾

Developer of blockchain-based strategy RPG for PC and console. The company's game takes place in an anecdotal realm, “The Dood Kingdom” in which players lead a troop of mighty heroes to build and defend their own castles.

Funding rounds
  • Oct 2022ICO$6M
  • Nov 2021Seed$750K
Founders & team
Hai VanCEOHai VanCEO
Investors
Animoca Brands, Kingsway Capital
#5
Seed · Hanoi, Red River Delta · founded 2022 · 11 employees
$1.1Mraised
▾

Online marketplace for NFT trading

Funding rounds
  • Jun 2023Seed$1.1M
Investors
IDGCVB, Kyber Ventures
#6
Seed · Ho Chi Minh City, Southeast · founded 2021
$2.5Mraised
▾

Decentralized exchange platform built on Elrond. It is a decentralized AMM following the stable-swap model built on the Elrond blockchain. It allows users to trade between stablecoins and stable-swap exchanges.

Funding rounds
  • Oct 2022ICO$2.8M
  • Oct 2022Seed$2.5M
Founders & team
Nghia NguyenCo-Founder & CEOHieu PhanFounder & Cto
Investors
MultiversX, Morningstar Ventures, Istari Vision, Skynet EGLD Capital, SL2 Capital
#7
Series A · Vietnam · founded 2021
$5.6Mraised
▾

Online platform for asset-backed lending. It offers loans to users by securing cryptocurrencies, stable coins, and NFTs as collateral. It also provides P2P insurance for secured lending. It enables cross-chain support using wrapped tokens.

Funding rounds
  • Dec 2021ICO$1M
  • Jun 2021Series A$5.6M
Founders & team
Dang HoaCo-Founder & CEOVu TungCo-Founder & CTO
Investors
HyperChain, Kyber Network, X21 Digital, Signum Capital, Trade Coin Viet Nam, TomoChain
#8
Series A · Hanoi, Red River Delta · founded 2021 · 13 employees
$4.3Mraised
▾

Developer of NFT-based casual PC and console games. The game has Merkle Tree technology from the blockchain where player uses tools to hack down trees in the maps to earn Runes.

Funding rounds
  • Dec 2021ICO$320K
  • Dec 2021Series A$4.3M
Founders & team
Louis NguyenCEO
Investors
Signum Capital, OKEx Blockdream Ventures, Moonrockcapital, HUB Global, UG Ventures, AstroV
#9
Funding Raised · Ho Chi Minh City, Southeast · founded 2014
$2.7Mraised
▾

App-based platform for NFT metaverse and games. The company offers a platform to create and buy NFTs. It also provides a marketplace for games and NFT building.

Funding rounds
  • Jun 2022ICO$2.7M
Founders & team
Alan YeapCEO
Investors
HYPE
#10
Funding Raised · Ho Chi Minh City, Ho Chi Minh City · founded 2022
$4.2Mraised
▾

Provider of a sci-fi action strategy NFT game. Ark Rivals is a sci-fi action strategy NFT game that is fully based on user-generated content where players can create their own commanders, ships, and squadrons to attack the enemy's base for resources. The game features an epic action combat strategy and players can attack enemy Arks to free enslaved citizens and enrich resources.

Funding rounds
  • Feb 2022ICO$4.2M
Founders & team
Nghia DoCEO
#11
Deadpooled · Ho Chi Minh City, Southeast · founded 2021
$3.3Mraised
▾

Provider of NFT-based role-playing game. It offers "Orbitau - Seven Deadly Sins", a fantasy game with role-playing and turn-based strategy gameplay where players can participate and earn rewards. The game is available for iOS and Android platforms.

Funding rounds
  • Feb 2022ICO$3.6M
  • Dec 2021Seed$3.3M
Founders & team
Minh NguyenCEO
Investors
Lavender, Coincu Ventures, DEO Network, RADA, HUB Global, NGC Ventures
#12
Funding Raised · Hanoi, Hanoi · founded 2021
$2.6Mraised
▾

Gaming platform that enables players to grow and breed plants and trade with them in the marketplace. The game provides players with a trading market, players can trade plant heroes and in-game items. In the next stages, with a 3D platform and VR support, Plant Exodus can expand to become an open-world game with a variety of new approaches and players.

Funding rounds
  • Apr 2022ICO$2.6M
Founders & team
Vo LinhCo-FounderHa NhamCo-FounderLe TrungCo-Founder
Investors
AC Capital, S6k Labs

Funding & investor landscape

$258.3Mtotal disclosed funding
42companies funded
54disclosed rounds
0rounds last 90 days
Most active investors
Avstar10 rounds
Infinity Capital10 rounds
Basics Capital8 rounds
X21 Digital8 rounds
CoinTV Ventures7 rounds
BD Ventures6 rounds
Magnus Capital6 rounds
RR2 Capital6 rounds
AU21 Capital5 rounds
Epoch Ventures4 rounds

Notable founders

Eric Nguyen
Co-Founder & CEO · Amnis Finance
Tuan Luong
Co-Founder & CEO · BSCS
Aleksander Leonard Larsen
Co-Founder and Chief Operating Officer · Axie Infinity
Trung Nguyen
Co-Founder & CEO · Axie Infinity
Hai Van
CEO · Kingdom Raids
Nghia Nguyen
Co-Founder & CEO · AshSwap
Hieu Phan
Founder & Cto · AshSwap
Dang Hoa
Co-Founder & CEO · Rikkei Finance
Vu Tung
Co-Founder & CTO · Rikkei Finance
Louis Nguyen
CEO · The Parallel
Alan Yeap
CEO · Shibafriend
Nghia Do
CEO · Ark Rivals
Prism market signals · Vietnam · country-scoped Prism corpus, 462,874 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 · Vietnam

How research on Blockchain is moving in Vietnam

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 239 Vietnam-affiliated papers.

research sentiment over time
202020232025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 41% → 46% across 2020–2025.
top research entities
  • Vietnam National University Ho Chi Minh City32
  • Hanoi University of Science and Technology27
  • Duy Tan University26
  • FPT University17
  • RMIT Vietnam14
leading researchers
Dinh Thai Hoang · NULL AUTHOR_ID · Anand Nayyar · Ba-Lam Do · Hong Khanh Vo · Tran Viet Khoa · Do Hai Son · Hoang-Anh Pham
▲ Breakthroughs77 · 32%
▲ 0%→31% share
3 median citations90% since 2021mostly methods-led
Computer security breakthroughs surged from 0 to 38 new papers, now dominating Vietnam blockchain research at 31% field-share.
rising sub-themes (early→recent)
  • Computer security43
  • Transparency (behavior)9
  • Supply chain8
  • Scalability7
  • Database transaction7
Newly emergingComputer security 0→38 · Transparency (behavior) 0→9 · Supply chain 0→8
Landmark BHEEM: A Blockchain-Based Framework for Securing Electronic Health Records · 334 cites
◆ Advancements107 · 45%
▲ 0%→46% share
1 median citations96% since 2021mostly methods-led
Computer security advancements intensified to 52 new papers, driving Vietnam blockchain advancements to 46% field-share.
rising sub-themes (early→recent)
  • Computer security55
  • Transparency (behavior)20
  • Smart contract14
  • Big data9
  • Accounting9
Newly emergingComputer security 0→52 · Transparency (behavior) 0→18 · Smart contract 0→12
Landmark Proof-of-Stake Consensus Mechanisms for Future Blockchain Networks: Fundamentals, Applications and Opportunities · 501 cites
▼ Concerns39 · 16%
▲ 0%→16% share
2 median citations92% since 2021mostly reviews
Supply chain concern papers newly emerged (8), alongside Transparency behavior rising 1→6, signaling growing scrutiny.
rising sub-themes (early→recent)
  • Transparency (behavior)1→6
Newly emergingComputer security 0→14 · Supply chain 0→8 · Supply chain management 0→5
Landmark Blockchain - A Financial Technology for Future Sustainable Development · 260 cites
RESEARCH HOTSPOTS · Vietnam

Where blockchain is researched across Vietnam

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.

Ho Chi Minh City66 · +0.47
Hot · Big dataAdvancing · AccountingOpportunity · Internet of ThingsConcern · Supply chain
Hanoi47 · +0.70
Hot · Database transactionAdvancing · SolidityOpportunity · Distributed computing
Da Nang29 · +0.67
Hot · Computer networkAdvancing · Internet privacyOpportunity · Scalability
Thái Nguyên11 · +0.55
Hot · Wireless sensor networkAdvancing · Computer networkOpportunity · Computer security
Can Tho10 · +0.78
Hot · Smart contractAdvancing · Risk analysis (engineering)Opportunity · Scalability

Common questions

How many Blockchain Technology companies are there in Vietnam?
Radar tracks 148 indexable Blockchain Technology companies headquartered in Vietnam that meet our profile-completeness bar.
What is the total funding raised by Blockchain Technology companies in Vietnam?
The Blockchain Technology companies in Vietnam on this list have raised a combined $258.3M in disclosed equity funding across 42 funded companies.
Which is the highest-funded Blockchain Technology company in Vietnam?
Axie Infinity is the highest-funded Blockchain Technology company in Vietnam, with $161M in disclosed equity funding.
How many Blockchain Technology companies in Vietnam are funded?
42 of the 148 Blockchain Technology companies in Vietnam on this list have disclosed at least one equity funding round.
How many Blockchain Technology unicorns are there in Vietnam?
1 Blockchain Technology company in Vietnam on this list is valued at $1B or more.
Who are the top investors in Vietnam Blockchain Technology companies?
The most active investors in Vietnam Blockchain Technology companies on this list include Avstar, Infinity Capital, Basics Capital, X21 Digital, CoinTV Ventures.
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.

Coming soon