Key Takeaways
- The Chinese tech giant Alibaba has joined Singapore-based MetaComp’s Pre-A+ funding round, contributing to a $35 million capital raise completed across two rounds within three months.
- In 2025, MetaComp facilitated more than $10 billion in transaction volume and OTC trades using 13+ different stablecoins.
- The fresh capital injection brings MetaComp’s total liquidity for cross-border settlements above the $100 million threshold.
- The company plans to deploy its StableX Network throughout Asian markets, the Middle East, Africa, and Latin America.
- This strategic investment occurs despite mainland China’s stringent regulatory framework surrounding stablecoin operations.
The involvement of Alibaba in MetaComp’s funding signals a growing trend of Chinese technology capital flowing toward regulated stablecoin platforms based outside China’s borders — particularly as Beijing maintains strict oversight of cryptocurrency activities domestically.
On Friday, MetaComp announced the completion of its Pre-A+ investment round with Alibaba serving as the primary investor. The Singapore-headquartered company, which integrates stablecoin technology with traditional fiat payment systems, revealed this round forms part of a total $35 million fundraising effort wrapped up in just 90 days.
Alibaba Group Holding Limited, BABA
Spark Venture, a European early-stage investment firm, also participated in this most recent funding round. 100Summit Partners, based in Beijing, acted as the sole financial adviser for the transaction.
The initial Pre-A round brought in $22 million and concluded in December 2025. That earlier round attracted backing from Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital.
According to MetaComp, this latest infusion of capital elevates their accessible liquidity reserves beyond $100 million, specifically allocated for cross-border settlement activities.
Throughout 2025, the platform handled transaction volumes exceeding $10 billion across more than 13 different stablecoins in payment processing and over-the-counter trades. Notably, MetaComp achieved positive net profitability for the full year — a distinction few cryptocurrency-related platforms can claim.
MetaComp’s Business Model Explained
Established in 2018, MetaComp caters primarily to financial institutions and wealthy individual clients. The company provides integrated solutions combining traditional fiat and stablecoin payment channels, while also offering access to both conventional and tokenized investment products.
Through its Monetary Authority of Singapore (MAS)-licensed subsidiary, Alpha Ladder Finance, the company oversees more than $500 million in institutional client assets.
The newly secured funds will support the expansion of StableX Network — a blockchain infrastructure connecting regulated financial institutions, stablecoin issuers, and partner organizations for instant settlement capabilities.
The platform’s growth strategy focuses on penetrating markets across Asia, the Middle East, Africa, and Latin America.
Co-president Tin Pei Ling characterized the company’s infrastructure as “Web2.5 architecture” — a hybrid model where traditional fiat payment systems and stablecoin networks operate as an integrated ecosystem rather than separate platforms.
She emphasized that conventional payment infrastructure suffers from extended settlement periods spanning multiple days and elevated transaction costs, presenting the precise opportunity MetaComp aims to address.
Why Alibaba’s Investment Matters
Alibaba’s involvement carries significant implications considering the regulatory landscape. Chinese corporations operate under stringent limitations regarding stablecoin-related activities within their home market. As recently as February 2026, Chinese authorities reinforced regulations prohibiting both foreign and domestic entities from issuing yuan-pegged stablecoins without explicit government authorization.
Nevertheless, previous reports indicated Alibaba had been investigating deposit-token infrastructure for potential use in international transactions — making this investment a logical progression of that strategic direction.
Shares of BABA stock declined 1.53% during Friday’s trading session.
Industry forecasts from Standard Chartered and other financial institutions project the global stablecoin market will reach $2 trillion by 2028.
MetaComp’s successful fundraising reflects a wider trend of institutional investment flooding into cross-border stablecoin settlement infrastructure throughout Southeast Asia.


