BREAKING: MetaComp Secures $35M with Alibaba Backing to Build Stablecoin Rails for Asian Cross-Border Trade
Financial platform MetaComp has raised $35 million in a Pre-A+ funding round backed by Alibaba and Spark Venture, signaling a major corporate endorsement of regulated stablecoin infrastructure for Asian cross-border commerce. The investment—coming just months after a $22 million December 2025 round—marks a strategic move by Alibaba to support authorized offshore stablecoin rails, despite mainland China's domestic restrictions, and sends a powerful signal to other Chinese companies and investors about the growing institutional acceptance of crypto-based settlement systems.
Geopolitics driving demand
Retail clients are not served by MetaComp. Businesses are its main target, particularly institutional clients whose global supply chains require quicker settlement than conventional banks can offer.
By utilizing stablecoins, MetaComp assists in avoiding conventional banking obstacles that frequently impede Asian trade flows, including lengthy settlement cycles, exorbitant fees, and limitations on currency availability.
The current state of the world is sufficient justification for this haste, according to co-president Tin Pei Ling.
She added that stablecoins provide “almost instantaneous settlement” when access to US dollars becomes more difficult.
Chairman and co-founder Dr. Bai Bo believes MetaComp can grow to the scale of Ant Group in China or Revolut in Europe, though he was clear that the company has no plans to become a licensed bank, unlike Revolut, which holds banking licences in Europe and the UK.
Building the infrastructure
The company holds a Major Payment Institution licence from Singapore’s Monetary Authority of Singapore for digital payment tokens and cross-border money transfers. Its affiliate, Alpha Ladder Finance, holds Capital Markets Services and Recognised Market Operator licences.
Together, the two entities allow MetaComp to offer clients end-to-end service, managing over $500 million in wealth assets for more than 1,000 institutional and accredited clients.
At the core of its offering is the StableX Network, which converts fiat currency into stablecoins in under three seconds. A compliance tool called VisionX runs alongside it to track risk.
MetaComp mainly focuses on businesses that export items from Asia to international markets. Although it only works with companies doing business outside of China in accordance with local regulations, a significant percentage of its clientele are Chinese companies doing business abroad.
MetaComp intends to expand the StableX network throughout Latin America, Africa, and the Middle East with the additional funding. In order to facilitate automated payment and wealth services powered by artificial intelligence, it is also developing what it refers to as an Agent-Skills-MCP architecture, a model based on the Model Context Protocol standard.
Tin Pei Ling summarised the company’s position: “Traditional payment systems remain constrained by multi-day settlement cycles, high costs, and limited currency coverage, and that gap is exactly what we were founded to solve.”
By 2028, the stablecoin market is expected to grow to $2 trillion, and MetaComp is setting itself up to become a major infrastructure supplier in Asia and beyond.
If MetaComp becomes a major, regulated player, strong network effects might accelerate the adoption of stablecoins throughout the region as more businesses join the ecosystem.
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