Stablecoin company MetaComp completes Pre-A+ round of financing, raising a total of $35 million in three months.

PANews reported on March 13 that, according to an official press release from MetaComp, the Singapore-based digital finance platform, MetaComp has completed its Pre-A+ round of financing, bringing its total funding to US$35 million, including the Pre-A round completed three months ago . This round was led by Alibaba, Spark Venture, and other institutional investors, with existing shareholders also participating.

MetaComp and its affiliates aim to build a Web 2.5 payments and wealth management platform, offering hybrid stablecoin/fiat currency payments and hybrid security/RWA token wealth management services. The new funding will be used to accelerate the expansion of the StableX network in high-growth corridors in Asia, the Middle East, Africa, and Latin America, as well as to develop an AI-driven strategic architecture to support proxy-based Web 2.5 payments and wealth management services.