'Metacomp' raises $35 million in pre-Series A round… Alibaba among participants

Uk Jin

Summary

Metacomp said it raised $35 million in a pre-Series A funding round.
The company said existing shareholders including Alibaba and Spark Venture participated in the round.
Metacomp said it plans to use the funding to expand the StableX network.

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Singapore-based digital financial infrastructure firm Metacomp is reported to have attracted a major investment from global companies including Alibaba.

According to The Block, a digital-asset industry outlet, on the 13th (Korea time) Metacomp said in a statement that it had raised $35 million in a recently completed pre-Series A funding round. Existing shareholders including Alibaba and Spark Venture reportedly participated in the round.

Metacomp operates a “Web 2.5” platform that connects fiat-based payment systems with settlement infrastructure for stablecoins (digital assets pegged in value to fiat currencies).

Metacomp processed transactions in 13 stablecoins over the course of 2025. Transaction volume was around $10 billion.

The funding will be used to expand the StableX network. StableX is infrastructure that supports cross-border payments by using stablecoins together with traditional fiat currencies.