MetaComp Secures $35M with Alibaba Backing for Stablecoin Trade Infrastructure in Asia
MetaComp, a hybrid fiat-and-crypto financial platform, has raised $35 million in a Pre-A+ funding round with participation from Alibaba and Spark Venture. This follows a $22 million Pre-A round in December 2025, backed by Eastern Bell Capital, Noah, Sky9 Capital, and others. The investment signals growing institutional confidence in stablecoin payment rails for cross-border trade.
Alibaba's involvement is particularly noteworthy. Despite China's domestic restrictions on stablecoins, the tech giant's backing legitimizes offshore stablecoin infrastructure—a tacit nod to regulated crypto adoption beyond mainland borders. MetaComp's liquidity for cross-border settlements now exceeds $100 million, with reported $10 billion in stablecoin transactions processed in 2025.