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Alibaba joins MetaComp’s $35M stablecoin fundraise

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Crypto Breaking News

Singapore-based fintech MetaComp has closed a Pre-A+ funding round backed by Alibaba, lifting its cumulative total to US$35 million across two rounds in just three months, according to the company’s announcement. The latest round also brought in European early-stage investor Spark Venture, with Beijing-based 100Summit Partners serving as exclusive financial adviser. The capital infusion is aimed at accelerating MetaComp’s StableX Network, a cross-border payments platform designed to weave together fiat rails and stablecoin infrastructure for regulated institutions and high-net-worth clients. MetaComp previously disclosed a US$22 million Pre-A round in December 2025, signaling robust early-stage interest in regulated web2.5 payments infrastructure across Asia.

Key takeaways

  • MetaComp’s Pre-A+ round, anchored by Alibaba, raises the company’s total funding to US$35 million in three months, underscoring strong demand for regulated cross-border stablecoin infrastructure.
  • The round introduces Spark Venture from Europe as an investor and names 100Summit Partners (Beijing) as exclusive financial adviser, highlighting cross-regional interest.
  • MetaComp previously closed a US$22 million Pre-A round in December 2025 with investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital, illustrating sustained backing for hybrid fiat-stablecoin payments.
  • The company intends to scale the StableX Network to connect regulated financial institutions, stablecoin issuers and partners across Asia, the Middle East, Africa and Latin America for real-time cross-border settlement.
  • Industry context points to ongoing investor appetite for regulated stablecoin infrastructure in Asia, with forecasts suggesting the stablecoin market could reach around US$2 trillion by 2028.

Sentiment: Neutral

Market context: The funding activity aligns with a broader push to build regulated stablecoin rails that complement traditional banking systems. While regulators in some jurisdictions pursue stricter issuance controls, the Alibaba-backed round signals continued strategic interest in cross-border settlement infrastructure. The market backdrop includes forecasts that place stablecoins on a trajectory toward multi-trillion-dollar scales in the coming years, underscoring a shift toward institutional-grade crypto rails alongside established fiat systems.

Why it matters

MetaComp’s expansion of the StableX Network sits at the intersection of conventional finance and tokenized wealth management. By offering a hybrid model that merges fiat rails with stablecoin networks, the platform aims to provide faster, auditable cross-border settlements for banks, wealth managers and corporate clients. The vision is to enable real-time settlement that adheres to regulatory standards, a critical requirement for institutions seeking to incorporate digital assets into traditional portfolios without sacrificing compliance or risk controls.

The leadership’s explicit framing of a “Web2.5” architecture — where fiat rails and stablecoins operate as a single, interoperable ecosystem — underscores a broader sector trend toward hybrid solutions that deliver both speed and governance. If MetaComp can successfully onboard a network of banks, regulators and stablecoin issuers across multiple regions, the company could help accelerate the adoption of regulated stablecoins for international payments and cross-border trade. The mix of investors—Alibaba alongside European and Asian advisers—signals confidence in MetaComp’s ability to navigate the regulatory and operational complexities inherent in multi-jurisdiction collaborations.

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Alibaba’s involvement comes at a sensitive juncture for stablecoins issued outside mainland China. The company has previously explored deposit-token technology for overseas transactions even as authorities tighten issuance rules within the country. The contrast between policy posture and private-sector experimentation highlights a nuanced landscape where international collaborations may unlock regulated cross-border flows, even as domestic issuance remains constrained. The broader market context, including forecasts of substantial growth for stablecoins, suggests a potential win for platforms that can demonstrate robust compliance, interoperability and measurable settlement improvements.

MetaComp’s strategic direction also rests on a global expansion blueprint. By extending the StableX Network to Asia, the Middle East, Africa and Latin America, the company aims to capture markets with rising demand for compliant, real-time settlement services. The model envisions a hub-and-spoke arrangement, linking financial institutions with stablecoin issuers and technology partners to streamline remittances, supplier payments and institutional treasury operations. Such an approach could address persistent inefficiencies in traditional cross-border rails while offering a path for asset managers and financial institutions to participate more directly in tokenized wealth solutions.

What to watch next

  • Regulatory updates in target regions as MetaComp expands the StableX Network and pilots cross-border settlement solutions.
  • New partnerships with banks, stablecoin issuers and wealth-management platforms to demonstrate live use cases and scale pilots.
  • Possible follow-on funding rounds or strategic investments, including potential continued support from Alibaba and additional strategic investors.
  • Public milestones on onboarding institutions and the rollout timeline for expansion into Asia, the Middle East, Africa and Latin America.

Sources & verification

  • MetaComp press release: Alibaba-backed Pre-A+ round, total US$35 million in three months (PR Newswire)
  • MetaComp press release: December 2025 Pre-A round totaling US$22 million, with investors including Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital (PR Newswire)
  • Summary of MetaComp’s expansion and regional focus (MetaComp page) (MetaComp)
  • Stablecoin market projections and regulatory context cited by industry coverage (Standard Chartered projection; referenced via Cointelegraph) (Cointelegraph — Stablecoin forecast)
  • Regulatory stance on stablecoins and issuance (China crackdown context referenced in coverage) (Cointelegraph — Alibaba and stablecoins in China)

MetaComp expands StableX Network to accelerate cross-border finance

Singapore-based MetaComp announced a new Pre-A+ funding round led by Alibaba, raising the cumulative total to US$35 million across two rounds in three months. The round also features Spark Venture, a European early-stage investor, with 100Summit Partners (Beijing) acting as exclusive financial adviser. The capital infusion follows MetaComp’s earlier December 2025 disclosure of a US$22 million Pre-A round, which included a roster of notable investors such as Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund and Beingboom Capital. The company said the funds will be directed at expanding the StableX Network, a platform designed to harmonize regulated financial institutions, stablecoin issuers and other partners through blockchain-based infrastructure.

At the heart of MetaComp’s strategy is a belief in a Web2.5 architecture where traditional fiat rails and stablecoin networks function together as a single, interoperable system. Tin Pei Ling, MetaComp’s co-president, underscored this vision, saying, “MetaComp was built on a single conviction: that the future of cross-border finance is neither purely traditional nor purely digital — it’s the integrated Web2.5 architecture where fiat rails and stablecoin networks operate as one.” The capital infusion is expected to accelerate the scaling of StableX Network beyond its current footprint into new markets and partnerships that can support real-time settlement with compliance at the forefront.

MetaComp’s expansion plan targets Asia, the Middle East, Africa and Latin America, areas where regulators are increasingly receptive to cross-border settlement innovations that preserve safety and oversight while delivering faster settlement times. The network aims to create a bridge between regulated financial institutions and stablecoin issuers, enabling institutions to access tokenized wealth products and stablecoin-based liquidity tools within a compliant framework. The move aligns with a broader industry trend toward building scalable, regulator-friendly infrastructure that can support institutional participation in the digital asset ecosystem.

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The partnership profile around this round—Alibaba alongside European and Chinese advisers—reflects a cross-border approach to building out the infrastructure that could underpin more efficient remittances, cross-border corporate payments and wealth-management solutions in the years ahead. While regulatory policies differ across jurisdictions, the strategic emphasis on compliance and interoperability suggests that MetaComp intends to pursue a steady, institution-focused growth path rather than a rapid, consumer-facing rollout.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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XRP Price Outlook as Ripple Secures Australia AFSL

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Ripple secures Australia AFSL license, enabling regulated payment services and expanding XRP settlement infrastructure across APAC markets.
  • XRP exchange outflows dominate recent data, signaling reduced sell-side liquidity despite broader crypto market pressure.
  • XRP trades near $1.38 with declining weekly performance as market flows and infrastructure developments shape investor sentiment.
  • XRP price outlook draws attention as regulatory progress and market flows shape current sentiment. Ripple recently secured an Australian Financial Services Licence in Australia.

XRP price outlook draws attention as regulatory progress and market flows shape current sentiment. Ripple recently secured an Australian Financial Services Licence in Australia. Meanwhile, XRP trades near $1.38 amid ongoing exchange outflows and cautious market conditions.

Ripple Expands Regulatory Footprint in Australia

A tweet from X Finance Bull reported that Ripple secured an Australian Financial Services Licence in Australia. The development enables regulated payment services across the country and the wider Asia-Pacific region.

The license allows Ripple to offer compliant payment operations through its enterprise payment network. Financial institutions may now access cross-border settlement solutions within the regulated Australian framework.

Industry observers view regulatory licensing as essential for institutional integration. Payment providers typically require legal clarity before adopting blockchain-based settlement systems.

Ripple’s regulatory entry positions the company within established financial infrastructure. The development expands Ripple’s presence in APAC financial markets and institutional payment corridors.

Institutional Settlement Pathways for XRP and RLUSD

An analyst noted institutions may access compliant settlement using XRP and RLUSD. The structure supports cross-border payments through a regulated digital asset infrastructure.

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Stablecoins and bridge assets often serve different roles within settlement frameworks. RLUSD may provide price stability, while XRP supports rapid liquidity conversion between currencies.

Australia holds strong financial ties with regional economies across Southeast Asia and the Pacific. Payment corridors linking these markets may benefit from faster blockchain settlement systems.

Institutional participation often depends on licensing, banking partnerships, and regulatory clarity. Ripple’s expansion within Australia, therefore, strengthens the operational framework for enterprise payments.

Exchange Flows Show Persistent XRP Outflows

Data from CoinGlass tracks XRP spot inflow and outflow activity across cryptocurrency exchanges. The chart shows frequent exchange withdrawals through extended periods.

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Exchange outflows typically indicate assets leaving trading platforms for private custody. Market participants often interpret sustained withdrawals as reduced immediate sell-side supply.

Several large netflow events appear between July and November. One spike approaches roughly $180 million in negative netflow during that period.

Despite these withdrawals, the XRP price trended lower through much of the observed timeline. Market demand appears weaker while broader crypto market conditions remain cautious.

Short inflow spikes appear across several trading sessions. Deposits often coincide with temporary price recoveries or volatility events.

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Exchange inflows generally suggest traders may prepare to sell or rebalance positions. Such patterns frequently occur during short-term rallies.

The yellow price line on the chart shows a gradual decline from above $3.00. The asset later stabilized near the $1.40-$1.60 range.

At the time of writing, XRP trades near $1.38. The asset recorded about $2.35 billion in daily trading volume.

Market performance shows a slight 24-hour gain near 0.04%. Weekly performance remains negative with roughly a 2.86% decline.

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Exchange flows and regulatory progress continue shaping the XRP price outlook. Market participants watch whether reduced supply eventually supports price stabilization.

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XRP at $48? Key Technical Tool Shows Ripple’s Next Bull Run Target

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XRP at $48? Key Technical Tool Shows Ripple's Next Bull Run Target


Can XRP indeed skyrocket by over 3,000%?

Ripple’s cross-border token has showcased some mind-blowing price moves during its existence, and even in more recent years, when it became a household altcoin worth tens and even hundreds of billions of dollars.

Now, though, popular analyst Ali Martinez has made a bold claim that it could surge to $48 during the next bull run. He based these rather far-fetched (at the moment) findings on XRP’s multi-year triangle chart.

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Can It Really, Though?

Even after today’s 4% surge, Ripple’s token trades at just over $1.40. This means that it would have to stage a hard-to-believe run of approximately 3,300% to reach Martinez’s target. We are not saying that this is impossible, but let’s put some perspective on what such a price tag would mean.

If XRP indeed taps $48 per token, this would mean that its market cap would skyrocket to a whopping $3 trillion level. And, this is based on XRP’s current supply, which, as we know, expands every month. Again, not that this is impossible, but it would break even bitcoin’s record, as the market leader’s peak in October 2025 was well below the $3 trillion mark.

In fact, XRP’s market cap would match Microsoft’s and surpass giants like Saudi Aramco, Meta, Tesla, and Amazon.

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Obviously, such a rally would require time. Perhaps a few years until the peak of the next bull rally. And, XRP has shown in the past that it could post some incredible gains. But even during its post-US-election rally, when it skyrocketed from $0.50 to $3.60 in less than a year, its gains were a lot more modest – 620%. If it is to materialize the $48 target, it would need to be 5-6x that, which, again, is not impossible but highly, highly unlikely.

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Let’s Be More Realistic

Let’s leave the aforementioned big target away and focus more on the current XRP moves. Analyst CW noted earlier today that the token has begun to break out of its first sell wall, which is located around the $1.43 resistance. If it falls, the subsequent one is at around $1.50, meaning that there are quite a few obstacles before the breakout succeeds.

Nevertheless, the analyst doubled down that net buying of long XRP positions on the world’s largest crypto exchange has increased “significantly” lately, which could be the necessary push for that aforementioned breakout.

The Bollinger Bands on XRP’s trading chart are also squeezing, suggesting a major move ahead after a long period of sideways trading. However, the indicator doesn’t provide any hints in which direction the move would go.

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Bitcoin price prediction as BTC reaches weekly high despite US-Iran tensions

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Bitcoin price prediction as BTC reaches weekly high despite US-Iran tensions - 2

The price of Bitcoin climbed to a weekly high on March 13, defying geopolitical concerns tied to rising tensions between the United States and Iran.

Summary

  • Bitcoin price reached a weekly high near $72,000, holding above the $70K level.
  • Negative funding rates on Binance suggest many traders are still shorting the rally.
  • A potential short squeeze could push BTC toward $75K if the rebound continues.

Bitcoin (BTC) was trading around $71,400, up about 1.2% on the day, according to the chart data, after briefly touching an intraday high near $72,000. The move pushed the world’s largest cryptocurrency back above the key $70,000 psychological level.

The rebound comes despite a fragile macro environment. Ongoing geopolitical tensions and concerns surrounding global oil markets have weighed on broader risk sentiment, conditions that typically make it difficult for speculative assets like Bitcoin to outperform.

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However, on-chain data suggests that many traders remain skeptical about the rally.

According to market insights from CryptoQuant, derivatives market positioning shows a growing bearish bias among investors. Funding rates on Binance have remained negative for roughly a week, indicating that a majority of leveraged traders are betting against further price gains.

Bitcoin price prediction as BTC reaches weekly high despite US-Iran tensions - 2

On March 10 and March 11, funding rates on Binance reportedly dropped below −0.006, an unusually negative level that signals strong short positioning in the market.

This dynamic could paradoxically support further upside for Bitcoin.

Historically, when funding rates reach extreme levels and a strong consensus forms around a bearish outlook, markets sometimes move in the opposite direction. If Bitcoin continues to push higher, short sellers may be forced to close positions, triggering a short squeeze that could accelerate the rally.

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Bitcoin price analysis

The attached chart shows BTC gradually recovering from its February lows near $63,000, forming a sequence of higher lows in recent weeks.

Bitcoin price prediction as BTC reaches weekly high despite US-Iran tensions - 3
Bitcoin price analysis | Source: Crypto.News

Momentum indicators are also improving. The relative strength index (RSI) is around 54, suggesting bullish momentum is building while still remaining far from overbought territory.

Meanwhile, the Awesome Oscillator (AO) has shifted from deep negative territory in February to positive green bars above the zero line. The steady transition from red to green histogram bars indicates that bearish momentum has faded and bullish momentum is strengthening.

Importantly, the AO shows increasing positive bars in recent sessions, which typically signals growing upside momentum as short-term market strength begins to outpace the longer-term trend.

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From a technical perspective, $72,000 represents the immediate resistance level. A confirmed breakout above that area could open the door for a move toward $75,000.

On the downside, $68,000–$69,000 acts as key support, while the $70,000 level remains a critical psychological threshold for maintaining bullish momentum.

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Vitalik Buterin explains $500M SHIB donation, distances himself from AI safety lobbying

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Vitalik Buterin explains $500M SHIB donation, distances himself from AI safety lobbying

Ethereum co-founder Vitalik Buterin has clarified the circumstances surrounding his massive 2021 crypto donation to the Future of Life Institute, while distancing himself from some of the group’s more recent policy approaches toward artificial intelligence.

Summary

  • Vitalik Buterin clarified that his massive donation to the Future of Life Institute came from SHIB tokens sent to him during the 2021 memecoin boom.
  • The institute reportedly converted roughly $500 million worth of SHIB despite Buterin expecting only a small portion could be sold.
  • Buterin warned that centralized AI safety policies and large-scale lobbying efforts could create geopolitical tensions and unintended consequences.

Vitalik Buterin: AI safety risks losing trust if it becomes geopolitical power play

In a detailed post on X, Buterin explained that the funds originated from large quantities of dog-themed tokens, including Shiba Inu, which had been sent to his wallet by developers hoping to use his holdings as a marketing tactic.

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According to Buterin, the tokens surged in value during the 2021 memecoin boom, with their peak “book value” exceeding $1 billion. Believing the rally was likely a bubble, he moved quickly to access the funds from cold storage, sold part of the holdings for Ether, and donated to several causes.

Buterin said he contributed roughly half of the remaining SHIB to India’s COVID-19 relief effort through CryptoRelief, while the other half went to the Future of Life Institute, an organization focused on existential risks such as artificial intelligence, nuclear threats and biotechnology.

He initially assumed the institute would only be able to liquidate between $10 million and $25 million worth of the tokens due to limited market liquidity. Instead, both CryptoRelief and the institute managed to convert around $500 million worth of SHIB.

However, Buterin said the organization later shifted its strategy toward cultural and political advocacy aimed at accelerating AI regulation in response to the perceived rapid arrival of artificial general intelligence.

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While acknowledging their concerns, Buterin warned that large-scale coordinated political campaigns backed by substantial funding could produce unintended consequences and backlash.

“My worry is that large-scale coordinated political action with big money pools can easily lead to unintended outcomes,” he said.

Instead, Buterin said his preferred approach focuses on developing open-source technologies that improve resilience to high-risk scenarios, including stronger cybersecurity systems, secure hardware and pandemic detection tools.

He also cautioned that AI safety efforts could lose credibility globally if they become associated with attempts by specific companies or countries to dominate the technology.

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USD/JPY and USD/CAD Continue to Rise Ahead of Key Data Releases

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USD/JPY and USD/CAD Continue to Rise Ahead of Key Data Releases

The US dollar continues to strengthen against major counterparts as markets await important macroeconomic data scheduled for release in the coming hours. Investors are focusing on US GDP figures, the Personal Consumption Expenditures (PCE) price index, and Canada’s labour market statistics. These releases could significantly influence expectations regarding the future policy path of the Federal Reserve and set the tone for currency market movements.

The strengthening of the US currency has also been supported by rising geopolitical tensions in the Middle East. Over the past 24 hours, the conflict involving Iran, the US, and Israel has intensified, leading to a sharp rise in oil prices and increased demand for safe-haven assets. Reports indicate strikes on tankers in the region, along with conflicting information about the potential closure of the Strait of Hormuz. Rising energy prices and heightened geopolitical risks are supporting the dollar as demand for liquid defensive assets increases. At the same time, market participants remain cautious ahead of key data releases that could alter expectations for interest rates.

USD/JPY

The USD/JPY pair continues to move higher and is trading near its annual highs. Technical analysis suggests the possibility of a downward pullback if the 159.45 level holds as resistance. However, if buyers manage to establish a firm break above this level, the pair could advance towards the 160.20–161.00 range.

Key events for USD/JPY:

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  • today at 14:30 (GMT+2): US GDP
  • today at 14:30 (GMT+2): US Core PCE Price Index
  • today at 16:00 (GMT+2): US Job Openings (JOLTS)

USD/CAD

The USD/CAD pair is also moving higher, although it remains significantly below its yearly highs compared with USD/JPY. Last week, the price found support near 1.3520, where a doji candlestick pattern formed, signalling a potential reversal. The pair is currently consolidating above 1.3600, and if the upward momentum continues, a test of recent highs in the 1.3720–1.3750 range may follow.

Key events for USD/CAD:

  • today at 14:30 (GMT+2): Canada Employment Change
  • today at 14:30 (GMT+2): Canada Unemployment Rate
  • today at 14:30 (GMT+2): Canada Labour Force Participation Rate

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Bitcoin Outperforms Macro Assets in Iran Conflict as $72,000 Returns

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Bitcoin Price, Markets, Market Analysis

Bitcoin (BTC) hit eight-day highs into Friday’s Wall Street open as markets awaited key US inflation cues.

Key points:

  • Bitcoin shows resilience despite macro market uncertainty with another push beyond $72,000.

  • Key US inflation data increased the chances of risk-asset volatility to come.

  • BTC price gains outperform macro assets since the start of the Iran conflict.

Trump demands Fed rate cut ahead of PCE print

Data from TradingView showed BTC/USD climbing past $72,000 on Bitstamp for the first time since March 5.

Bitcoin Price, Markets, Market Analysis
BTC/USD four-hour chart. Source: Cointelegraph/TradingView

Bitcoin avoided a sell-off despite global uncertainty over the Middle East conflict and its impact on oil supplies. The week’s macro data prints from the US further conformed to expectations, decreasing the risk of excess market volatility.

Friday was due to see the Personal Consumption Expenditures (PCE) Index release for January — an important gauge known as the Federal Reserve’s “preferred” inflation measure.

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The previous PCE print beat anticipated levels to hit its highest since late 2023.

PCE Index % change (screenshot). Source: Bureau of Economic Analysis

Despite the oil crisis threatening a surge in inflationary forces, US President Donald Trump renewed demands for Fed Chair Jerome Powell to loosen policy.

“Where is the Federal Reserve Chairman, Jerome ‘Too Late’ Powell, today? He should be dropping Interest Rates, IMMEDIATELY, not waiting for the next meeting,” he wrote in a post on Truth Social.

As Cointelegraph reported, odds of a rate cut at the Fed’s March 18 meeting fell below 1% this week.

Fed target rate probabilities for March 18 FOMC meeting (screenshot). Source: CME Group FedWatch Tool

”Conviction is building” for Bitcoin bullish breakout

Among Bitcoin market participants, the focus was on price strength amid the macro chaos.

Related: Bitcoin’s ‘extremely precise’ macro signal puts $100K target back in play

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“Bitcoin has remained surprisingly resilient following the recent geopolitical shock,” onchain analytics platform Glassnode summarized in the latest edition of its regular newsletter, “The Week Onchain.”

Glassnode flagged options-market activity showing that traders were less concerned about short-term risk.

“An accumulation cluster is forming in the $62k–$72k range. However, its intensity is modest relative to prior phases that preceded sustained expansions,” it continued in an X post on Thursday while analyzing the cost basis of investors hodling BTC for six months or less. 

“Conviction is building, but the foundation for a mid-term breakout remains thin so far.”

Bitcoin short-term holder cost basis distribution heatmap. Source: Glassnode

Others noted that BTC/USD had outperformed other macro assets since the start of the events in Iran.

“Passing the geopolitical stress test,” Joe Consorti, head of growth at Bitcoin equity company Horizon, commented.

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