No crypto for old men?

More: Binance’s new investment in a media titan and a Singapore-based VC firm’s first fund. [Read from your browser]( Daily Newsletter Hello {NAME} , Remember when teenagers ruled social media and adults always bemoaned how it was a waste of time? Last week, my grandfather excitedly showed me a meme of a bear trying to high five a man in a car, while its bear friends looked on. It took me years to convince my grandfather to join social media, but it’s worked out for the better (I guess). But as older generations finally come to grips with a decade-old pastime, the kids have moved on to something more mysterious: the blockchain. Tech VCs in Southeast Asia face the same generational hurdle in embracing the latest craze among millennials and Gen Z. Despite the saviness of these investors, finding a way to put their money behind this disruptive phenomenon is a big ask. Traditional VC firms are playing it safe for now because backing crypto firms demands a different skill set and expectations. Add some regulatory uncertainty to that mix, and it’s clear to see why VC firms aren’t quite ready to dive into the deep end yet. Meanwhile, crypto firms are keener on bringing in investors who have extensive connections within the crypto ecosystem, which might not be the strongest suit of typical VCs. My colleague Ardi recently unpacked why blockchain players are struggling to win investor confidence. And while traditional VC firms are still wrapping their heads around the blockchain, crypto-native investors already have a game plan. -- Deepti  ---------------------------------------------------------------  THE BIG STORY [Are SEA’s tech VCs missing out on the crypto craze?]( Despite crypto and blockchain technology gaining steam, Southeast Asia’s tech VC firms have been slow to jump on the bandwagon.  ---------------------------------------------------------------  THE PLAYBOOK: SHOPEE How Shopee made its bid for SEA’s ecommerce crown The ecommerce giant’s conquest of Southeast Asia began with a mix of strategic timeliness and an effective marketing strategy. [Watch now](. ---------------------------------------------------------------  TRENDING NEWS [Binance to pour $200m in Forbes]( The investment will help with the US media giant’s SPAC deal, which is expected to take place in the first quarter of 2022. [Altara Ventures closes inaugural $130m fund]( The VC firm targets players in the fintech, consumer, enterprise software, logistics, healthcare, and edtech spaces. [Exclusive: Bukalapak co-founders back 🇮🇩 B2B fintech startup amid funding spree]( The investment in Monit marks Init 6’s third funding this year, following a quietly prolific 2021 for the Indonesia-based VC firm. [Indonesian API provider cements $8.5m seed funding]( Brick builds APIs for tech companies, making it easier for them to offer payment, credit, investment and insurance products to consumers. [Zomato’s financial health in 5 charts]( Here are five charts, updated every quarter, that present a snapshot of how Zomato’s financials are doing. [Execs of YGG, Sega, others launch blockchain for gaming]( Oasys promises zero “gas fees” and speedier transactions on its blockchain network. --------------------------------------------------------------- EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [Fast Forward with HPE!]( on February 17th A multistage B2B startup competition specially crafted to help scale and grow early-stage technology startups across the APAC region. Catch the top 10 startups now as they pitch to a panel of esteemed judges and find out which team made it to the finals! - [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. What’s more important, the startup business idea or go-to-market strategy? Connect and engage with tech talents across Asia this March 9-11 at one of the biggest virtual tech career fairs in the region. Hire on the spot, gain employer branding opportunities and gain insights from top executives on addressing industry challenges, particularly those related to talent recruitment. Participation is complimentary. [Save your seat today](. --------------------------------------------------------------- WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Chief Marketing Officer]( at PT Koltiva Jakarta, Indonesia - [IT System Analyst]( at tomps.id Jakarta, Indonesia - [Recruiter]( at Open Labs (Brand Aggregator) Jakarta, Indonesia - [Digital Growth Manager]( at PT Samala Serasi Unggul Jakarta, Indonesia - [Technical Lead]( at PT Generasi Teknologi Buana Jakarta, Indonesia - [Copywriter Intern]( at Mamikos.com Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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