Explore the latest trends and actionable insights on the Blockchain market to inform business strategy and pinpoint opportunities and risks

Asia-Pacific: Five largest Private Equity/Venture Financing deals by value in the Financial Services sector driven by Blockchain (LTM June 2022)

  • A total of 95 Private Equity/Venture Financing deals (pending and completed) were announced in the Financial Services of the Asia-Pacific region, driven by Blockchain, in the last twelve months resulting in a total deal value of over $2,925.4 million. In the LTM period, October 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $736.6 million, resulting in an average deal value of $81.8 million during that month. On the other hand, the month of March 2022 was the most prolific in terms of deal volume, recording a total of 15 deals, resulting in an average deal value of $7.8 million during that month.

  • Of the 95 deals, the deal secured between Blossom Capital Ltd; Coatue; National Education Association; Paradigm Housing Group; Thrive Capital; Tiger Global Management LLC and MoonPay Pte Ltd, was the largest Private Equity/Venture Financing deal in the Asia-Pacific Financial Services sector driven by Blockchain, which was valued at $555.0 million and was completed on November 23, 2021. The second-largest deal was between Coatue Management LLC; Tiger Global Management LLC and MoonPay Pte Ltd, while the third-largest deal was between Andreessen Horowitz LLC; Coinbase Ventures; Paradigm Ventures; Ribbit Capital, L.P.; Sequoia Capital India Advisors Pvt. Ltd.; Tiger Global Management LLC and Bitcipher Labs LLP. The Coatue Management LLC; Tiger Global Management LLC-MoonPay Pte Ltd deal and the Andreessen Horowitz LLC; Coinbase Ventures; Paradigm Ventures; Ribbit Capital, L.P.; Sequoia Capital India Advisors Pvt. Ltd.; Tiger Global Management LLC-Bitcipher Labs LLP deal were valued at $400.0 million and $260.0 million, respectively. The fourth-largest deal was between Coinbase Ventures; DFJ Dragon Fund; Kindred Ventures Inc; Kingsway Financial Services Inc; Pantera Capital Management LP; Republic Capital LLC; Steadview Ventures-Neblio Technologies Pvt. Ltd valued at $135.0 million, whereas the deal between JIC Venture Growth Investments Co., Ltd; Mars Growth Capital Pte. Ltd; MUFG Bank Ltd-OPN Co Ltd valued at $120.0 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $1,470.0 million and accounted for nearly 50.25% of the total deals (by value) announced during the last twelve months. The Asia-Pacific region accounted for 18.85% of the total Private Equity/Venture Financing deals done globally, and accounted for 22.89% of the total deal size on a global scale.

Asia-Pacific: Five largest Private Equity/Venture Financing deals by value in the Financial Services sector driven by Blockchain (LTM June 2022)

Published: June 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Blockchain market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the Blockchain market to inform business strategy and pinpoint opportunities and risks Visit Report Store
Still looking?

Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.

Explorer

Access more premium companies when you subscribe to Explorer