- Alibaba-backed MetaComp raises funding to expand stablecoin payment infrastructure globally.
- MetaComp plans StableX Network expansion across Asia, Middle East, Africa.
- Institutional interest grows as stablecoin market projected to reach $2 trillion.
Singapore-based financial technology firm MetaComp has secured new funding backed by Alibaba as demand for regulated stablecoin infrastructure continues rising across global payment markets. The investment signals growing institutional attention toward companies building systems that combine traditional banking networks with blockchain-based settlement tools.
MetaComp confirmed Friday that it completed a Pre-A+ funding round supported by Alibaba, bringing its cumulative funding to $35 million raised across two rounds within three months, while European early-stage venture capital firm Spark Venture also joined the round as an investor. Beijing-based 100Summit Partners acted as the exclusive financial adviser for the financing transaction.
Earlier funding activity had already positioned MetaComp among firms attracting interest in the stablecoin infrastructure sector. The company announced in December 2025 that it closed a $22 million Pre-A round backed by investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital.
Besides expanding its capital base, the funding reflects increasing investor focus on regulated blockchain payment infrastructure. Financial technology companies are developing platforms designed to improve cross-border settlements through compliant digital asset networks. MetaComp operates payment services that combine fiat currency systems with stablecoin transactions. The company serves financial institutions and high-net-worth individuals seeking access to hybrid digital and traditional financial services.
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MetaComp Plans Global Expansion of StableX Network
With the new funding secured, MetaComp intends to expand its StableX Network across several international markets. The platform connects regulated financial institutions, stablecoin issuers and other financial partners using blockchain-based infrastructure. Additionally, the company said the network will expand across Asia, the Middle East, Africa and Latin America. These regions continue experiencing growing demand for real-time cross-border payment solutions.
MetaComp co-president Tin Pei Ling explained that the company’s model focuses on combining traditional payment rails with stablecoin networks. She stated that the future of cross-border finance will integrate conventional systems with blockchain technology.
Meanwhile, Alibaba’s participation drew attention because China continues maintaining strict policies on stablecoin issuance. In February, Chinese authorities reiterated that companies cannot issue stablecoins pegged to the national currency without official approval. However, reports previously suggested that Alibaba has explored deposit-token technologies for overseas payment applications. Market forecasts from financial institutions including Standard Chartered indicate that the global stablecoin market could reach $2 trillion by 2028.
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