MetaComp, a stablecoin-based cross-border payment and fund management service provider, has completed a $22 million Pre-A round of financing.

MetaComp, a licensed stablecoin cross-border payment and fund management service provider headquartered in Singapore, announced the completion of a $22 million Pre-A round of financing. Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital participated in the investment. 100Summit Partners served as the financial advisor for this round of financing. The new funds will be used to accelerate the expansion of its stablecoin payment network StableX Network, enabling functions such as local fiat currency inflow/outflow and stablecoin cross-border circulation.