As reported by TechFlow, MetaComp, a Singapore-based licensed stablecoin cross-border payment and treasury management service provider, has completed a $22 million Pre-A round led by Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital. The funding will accelerate the expansion of its StableX network in Southeast Asia, South Asia, and the Middle East. MetaComp holds a major payment institution license from Singapore’s MAS and processes over $10 billion in monthly transactions across 30+ markets. Launched in November, StableX integrates the upgraded VisionX risk intelligence engine to offer a Web2.5 architecture unifying SWIFT and stablecoin networks, supporting over 10 major stablecoins including USDT, USDC, and RLUSD.
MetaComp Completes $22M Pre-A Round for StableX Expansion
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.