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Alibaba’s $35 Million Bet Signals a Hidden Stablecoin Powerhouse Rising in Asia

Industry NewsMarket Sentiment
March 13, 2026
2 min read
Alibaba’s $35 Million Bet Signals a Hidden Stablecoin Powerhouse Rising in Asia

Alibaba led a $35 million Pre-A funding round for Singapore-based MetaComp, a regulated platform that merges stablecoin and fiat payments with tokenized wealth management.

The funding closed across two rounds in three months, with Spark Venture and other institutional investors co-investing alongside Alibaba.

Why it matters:

  • The deal marks one of the largest institutional bets on stablecoin payment infrastructure in Asia this year
  • MetaComp achieved full-year net profitability in 2025, validating regulated hybrid crypto-fiat models at institutional scale
  • The capital raises MetaComp’s available liquidity past $100 million for cross-border settlement operations

The details:

  • MetaComp reportedly processed over $10 billion in payments and OTC volume across 13+ stablecoins in 2025
  • MAS-licensed affiliate Alpha Ladder Finance manages over $500 million in wealth assets for institutional clients
  • The StableX Network will expand into Asia, the Middle East, Africa, and Latin America for real-time settlement
  • Co-President Tin Pei Ling said traditional payment systems remain limited by multi-day settlement cycles and high costs
  • 100Summit Partners served as exclusive financial adviser on the round

The big picture:

  • Alibaba’s involvement signals growing Chinese tech-giant interest in regulated stablecoin infrastructure outside mainland China
  • The round adds to a wave of institutional capital flowing into cross-border stablecoin settlement platforms across Southeast Asia

The post Alibaba’s $35 Million Bet Signals a Hidden Stablecoin Powerhouse Rising in Asia appeared first on BeInCrypto.

RELATED TOPICS

stablecoin fundingmetacomp platformcross border paymentsasia cryptoinstitutional investmentpayment infrastructureregulatory compliancecrypto adoption

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