MetaComp raises $35M with Alibaba backing to build stablecoin rails for Asian cross-border trade

A Singapore payments company has secured $35 million from two funding rounds in three months, with Chinese tech giant Alibaba among its backers, as it bets on stablecoin-powered settlement rails becoming the backbone of cross-border trade in Asia. MetaComp, which describes itself as a hybrid fiat-and-crypto financial platform, closed a Pre-A+ round with participation from […]