Key Highlights
- Singapore-based MetaComp secured $35 million across two funding rounds in three months, with Alibaba leading the latest Pre-A+ round.
- The stablecoin platform handled more than $10 billion in payment and OTC transaction volume across 13+ stablecoins throughout 2025.
- Total liquidity available for MetaComp’s cross-border settlement operations now exceeds $100 million following the fundraise.
- The company plans to expand its StableX Network across Asian, Middle Eastern, African, and Latin American markets.
- The investment marks a strategic offshore crypto move by Alibaba despite China’s stringent stablecoin regulations domestically.
The Chinese e-commerce giant’s investment in MetaComp signals a growing trend of mainland tech capital flowing into offshore regulated stablecoin platforms — a strategic pivot given Beijing’s restrictive stance on digital currency activity within its borders.
On Friday, MetaComp announced the completion of its Pre-A+ funding round with Alibaba taking the lead investor position. This Singapore-based stablecoin and fiat payment platform raised a combined $35 million through two separate rounds completed within a three-month window.
Alibaba Group Holding Limited, BABA
Spark Venture, an early-stage European venture capital firm, participated as a co-investor in the latest round. Beijing-based 100Summit Partners provided exclusive financial advisory services for the transaction.
The initial Pre-A round brought in $22 million and closed in December 2025. That earlier funding attracted participation from Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital.
With the fresh capital injection, MetaComp now maintains over $100 million in total liquidity designated for cross-border settlement infrastructure.
Throughout 2025, the platform facilitated more than $10 billion in combined payment transactions and over-the-counter volume spanning more than 13 different stablecoins. Notably, the company achieved full-year profitability — a milestone many blockchain-enabled financial platforms have yet to reach.
MetaComp’s Business Model Explained
Established in 2018, MetaComp caters primarily to institutional financial entities and high-net-worth clients. The platform delivers integrated solutions combining traditional fiat payment channels with stablecoin infrastructure, while also providing access to conventional and tokenized asset management products.
Through its Monetary Authority of Singapore (MAS)-licensed affiliate Alpha Ladder Finance, MetaComp oversees more than $500 million in institutional client assets.
The newly raised funds will support the growth of StableX Network — a blockchain-powered infrastructure connecting licensed financial institutions, stablecoin issuers, and partner organizations for instantaneous settlement capabilities.
Geographic expansion plans target markets throughout Asia, the Middle East, Africa, and Latin America.
Co-president Tin Pei Ling characterized the company’s infrastructure as a “Web2.5 architecture” — an integrated framework where conventional fiat payment systems and stablecoin networks operate as a unified platform instead of parallel, disconnected systems.
She emphasized that legacy payment infrastructure suffers from extended multi-day settlement periods and elevated transaction costs, creating the precise market inefficiency MetaComp aims to eliminate.
Alibaba’s Strategic Offshore Crypto Investment
Alibaba’s investment carries significant strategic implications. Mainland Chinese enterprises operate under severe regulatory constraints regarding stablecoin-related activities. China’s government reinforced in February 2026 that both foreign and domestic entities are prohibited from issuing yuan-pegged stablecoins without explicit governmental authorization.
Despite these domestic limitations, previous reports indicated Alibaba has been investigating deposit-token technology for international transaction applications — making this MetaComp investment a logical extension of that exploration.
BABA stock declined 1.53% during Friday’s trading session.
Industry projections from Standard Chartered and other major financial institutions forecast the global stablecoin market reaching $2 trillion valuation by 2028.
MetaComp’s successful fundraise represents a segment of increasing institutional investment flowing into Southeast Asian cross-border stablecoin settlement infrastructure platforms.


