MetaComp Announces Pre-A+ Round, Raising Total Financing to $35 Million
According to the company’s official announcement, MetaComp completed its pre-A+ round, bringing total funding to $35 million, while reporting more than $10 billion in 2025 payments and OTC handling across over 13 stablecoins.
Fact Check
The statement is fully corroborated by an official press release distributed via PR Newswire and confirmed by reputable financial news organizations like The Business Times and Fintech News SG. All key details—the $13 million round, the $35 million total, Alibaba's involvement, and the expansion regions—match the evidence.
Summary
MetaComp said in an official announcement that it has completed its pre-A+ funding round, bringing total financing to $35 million. The Singapore-based firm said Alibaba, Spark Venture, and existing shareholders participated in the round. MetaComp also stated that its 2025 payments and OTC handling exceeded $10 billion across more than 13 stablecoins, adding operating scale details to its stablecoin-focused cross-border payments business.
Terms & Concepts
- stablecoins: Cryptocurrencies designed to maintain a stable value, typically by being pegged to fiat currencies or other reserve assets.
- OTC: Over-the-counter trading refers to direct transactions conducted between parties outside public exchanges, often used for larger or customized trades.
- Pre-A+ round: An early-stage fundraising round that typically follows seed financing and precedes later venture capital rounds.