Alibaba Leads $35M Bet on Singapore Crypto Firm MetaComp

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Alibaba, China’s biggest e-commerce company, has spearheaded a $35 million funding round for Singapore-based MetaComp, a platform blending stablecoin and fiat payment solutions with tokenized wealth management services. MetaComp focuses on hybrid offerings that integrate digital assets with traditional finance and holds key Singapore crypto licenses, including Capital Markets Services (CMS) and Recognized Market Operator (RMO), positioning it for regulated growth in digital payments and real-world asset tokenization.