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MetaComp Completes $22 Million Pre-A Round Financing, Plans to Expand Web2.5 Cross-Border Stablecoin Payment Network
Summary: Singapore-based licensed stablecoin cross-border payment and financial asset management service provider MetaComp announced the completion of a $22 million Pre-A round financing, one of the largest Pre-A financings for local compliant stablecoin payment enterprises this year. This round of financing was participated in by institutions such as Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, ...
Singapore-based licensed stablecoin cross-border payment and financial asset management service provider MetaComp announced the completion of a $22 million Pre-A round financing, one of the largest Pre-A financings for local compliant stablecoin payment enterprises this year. This round of financing was participated in by institutions such as Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital, with 100Summit Partners serving as the exclusive financial advisor. MetaComp stated that this financing marks an important milestone for the company's transition from the 'validation phase' to the 'scaling phase', accelerating the regional expansion of its StableX Network. The network, integrated with the upgraded VisionX risk intelligence engine, enables real-time cross-border settlement, compliance monitoring, and dynamic risk scoring based on stablecoins and fiat currencies. Currently, MetaComp's cross-border stablecoin business covers over 30 markets, with a monthly processing volume exceeding $1 billion and holding a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The team mentioned that the StableX Engine supports the SWIFT system and multiple stablecoin networks, covering over ten mainstream stablecoins such as USDT, USDC, RLUSD, FDUSD, PYUSD, and WUSD, with plans to expand to more high-liquidity compliant assets in the future. MetaComp co-founder Bai Bo stated that Asia is entering an accelerated period of stablecoin settlement infrastructure construction, with regulated stablecoin settlement set to become a key financial foundation for the next decade. The company plans to further expand into Southeast Asia, South Asia, and the Middle East markets by 2026, enhancing capabilities such as local fiat in/out and cross-border stablecoin clearing. (PRNewswire)
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Link: MetaComp Completes $22 Million Pre-A Round Financing, Plans to Expand Web2.5 Cross-Border Stablecoin Payment Network [Copy]