Alibaba-Backed MetaComp Raises $35M to Expand Global Stablecoin Payment Network

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  • MetaComp raised $35M across two funding rounds to scale its stablecoin payment infrastructure.
  • Alibaba participated in the latest funding, signaling growing tech-sector interest in regulated stablecoin systems.
  • StableX Network will expand across emerging markets, targeting faster cross-border payment corridors.

Singapore-based fintech firm MetaComp has raised fresh capital to accelerate the development of its stablecoin-powered payment infrastructure. The company announced Friday that it completed a Pre-A+ funding round backed by Alibaba Group, bringing the total raised over two recent rounds to $35 million.

The investment highlights growing institutional interest in regulated stablecoin infrastructure designed to modernize cross-border payments, particularly across emerging markets.

MetaComp said the new capital will help scale its StableX Network, a blockchain-based platform connecting regulated financial institutions and stablecoin issuers.

Stablecoin Infrastructure Gains Investor Momentum

The latest funding round included participation from European venture firm Spark Venture, while 100Summit Partners served as the exclusive financial adviser.

The new round follows a $22 million Pre-A raise in December 2025, which drew backing from investors including Eastern Bell Capital, Sky9 Capital, and Freshwave Fund.

Taken together, the rapid sequence of funding rounds reflects increasing investor confidence in stablecoins as a tool for improving international payments. Compared with traditional banking systems that can take days to settle transactions, stablecoin networks promise near-instant settlement and lower costs.

Industry forecasts suggest the sector could grow dramatically in the coming years. Analysts at Standard Chartered estimate that the global stablecoin market could expand to $2 trillion by 2028.

StableX Network Targets Emerging Payment Corridors

Founded in 2018, MetaComp provides hybrid financial services that combine traditional fiat infrastructure with blockchain-based settlement systems.

Its StableX Network connects banks, regulated financial institutions, and stablecoin issuers through a shared blockchain layer. The goal is to allow organizations to move value across borders in real time while maintaining regulatory compliance.

According to the company, the platform will expand across Asia, the Middle East, Africa, and Latin America, regions where demand for faster and more affordable cross-border settlement continues to grow.

MetaComp’s leadership believes the future of global payments will blend traditional banking rails with digital asset networks rather than replace them entirely.

Alibaba’s Investment Signals Strategic Interest

Alibaba’s participation in the funding round is notable given China’s strict stance on stablecoin issuance. Authorities have repeatedly stated that companies cannot launch stablecoins tied to the national currency without regulatory approval.

Despite those restrictions, large technology firms are increasingly exploring blockchain-based settlement solutions for international transactions. Alibaba has previously investigated deposit-token technologies that could facilitate overseas payments.

The investment suggests major technology players see long-term potential in compliant stablecoin infrastructure—particularly outside mainland China.

Also Read: Bitcoin Mining Difficulty Suffers Sharpest Drop Since China Ban as Hashrate Collapses

MetaComp’s latest funding round underscores a broader shift in global finance as institutions explore blockchain-based payment networks. With new capital and high-profile backing from Alibaba, the company aims to scale its StableX Network and tap growing demand for faster cross-border settlements.

As stablecoins continue gaining traction among financial institutions, platforms like MetaComp’s could play a key role in bridging traditional banking systems with digital asset infrastructure.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.