Alibaba Backs MetaComp to Expand Stablecoin Payment Network

Singapore-based MetaComp completed a Pre-A+ funding round backed by Alibaba, bringing its cumulative total to $35 million across two rounds in three months. The latest round also included the European early-stage investor Spark Venture, with Beijing-based 100Summit Partners serving as exclusive financial adviser.

MetaComp had closed a $22 million Pre-A round in December 2025 from investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital. MetaComp will use the new capital to expand its StableX Network, a platform that connects regulated financial institutions, stablecoin issuers and other partners through blockchain-based infrastructure.

The network will expand across Asia, the Middle East, Africa and Latin America to meet growing demand for compliant, real-time cross-border settlement. The raise adds to signs of investor interest in regulated stablecoin infrastructure for cross-border payments in Asia.

Singapore, Beijing

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