Alibaba Backs MetaComp in $35M Pre-A+ Funding Round for Stablecoin Expansion

MetaComp, a Singapore based stablecoin payment platform, completed a Pre-A+ funding round backed by Alibaba and Spark Venture, bringing the total capital raised across two rounds in three months to $35 million. Beijing-based 100Summit Partners served as the exclusive financial adviser for the raise.

The latest funding follows a $22 million Pre-A round in December 2025 with investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital. The capital will support MetaComp’s plan to expand its StableX Network real-time, compliant cross-border settlements.

Alibaba’s Strategic Involvement

Alibaba’s participation highlights its continued interest in stablecoin projects, despite China maintaining strict regulations on domestic stablecoin issuance. MetaComp co-president Tin Pei Ling emphasized the platform’s “Web2.5” approach, integrating fiat rails with digital stablecoin networks for future cross-border finance.

The stablecoin sector is projected to reach $2 trillion by 2028, reflecting strong investor and market interest in regulated digital payment infrastructure.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.