MetaComp Raises $35M for Global Stablecoin Network
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
MetaComp, a Singapore-based fintech, secures $35M in funding, led by Alibaba and Spark Ventures, to expand its StableX Network. This blockchain-based platform facilitates cross-border payments for banks, stablecoin providers, and partners. With plans to enter Asia, the Middle East, Africa, and Latin America, MetaComp aims to capitalize on the growing demand for regulated, swift settlements in these regions. Founded in 2018, the company helps financial institutions and high-net-worth individuals integrate traditional finance with stablecoins for payments and investments.
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