Alibaba led a $35 million Pre-A funding round for Singapore-based MetaComp, a regulated platform that merges stablecoin and fiat payments with tokenized wealth management.
The funding closed across two rounds in three months, with Spark Venture and other institutional investors co-investing alongside Alibaba.
Sponsored
Sponsored
Why it matters:
- The deal marks one of the largest institutional bets on stablecoin payment infrastructure in Asia this year
- MetaComp achieved full-year net profitability in 2025, validating regulated hybrid crypto-fiat models at institutional scale
- The capital raises MetaComp’s available liquidity past $100 million for cross-border settlement operations
The details:
- MetaComp reportedly processed over $10 billion in payments and OTC volume across 13+ stablecoins in 2025
- MAS-licensed affiliate Alpha Ladder Finance manages over $500 million in wealth assets for institutional clients
- The StableX Network will expand into Asia, the Middle East, Africa, and Latin America for real-time settlement
- Co-President Tin Pei Ling said traditional payment systems remain limited by multi-day settlement cycles and high costs
- 100Summit Partners served as exclusive financial adviser on the round
The big picture:
- Alibaba’s involvement signals growing Chinese tech-giant interest in regulated stablecoin infrastructure outside mainland China
- The round adds to a wave of institutional capital flowing into cross-border stablecoin settlement platforms across Southeast Asia
