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

CoinFeed reported on March 13th 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 $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 Web2.5 payment and wealth management platform, providing stablecoin/fiat currency hybrid payments and securities/RWA token hybrid wealth management services. The new funds 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 strategic architecture to support proxy-based Web2.5 payments and wealth management services.