@MetaCompHQ raises US$22M Pre-A — one of Singapore’s largest stablecoin payments rounds this year, backed by Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund & Beingboom Capital (100Summit Partners as FA).
Funding will scale the #StableX Network, our Web2.5 fiat–stablecoin settlement rail powered by StableX Engine (FX/liquidity) VisionX Engine (real-time compliance).
With > US$1B monthly volumes across 30 markets, we’re accelerating:
• SEA, South Asia & ME expansion
• Local-fiat on/off ramps
• Web2.5 treasury infra for PSPs, FIs, fintechs
🔗 Read more: mce.sg/singapores-metacomp-r…#CrossBorderPayments#DigitalAssets#MAS
Happy Year of the Dragon from all of us at @MetaCompSG ! Exciting things are on the horizon as we gear up to elevate 2024 with our upcoming products and services, paving the way for transformative changes in the #payments industry!
Thanks @CoinDesk for publishing my op-ed on how the crypto industry is experiencing a shift towards "institutional-grade" services that prioritize safety and trust over high returns. And while bank-backed exchanges are gaining prominence due to their trustworthiness, they primarily cater to institutional clients, leaving room for exchanges focused on crypto-native investors to maintain an edge in the market.
coindesk.com/consensus-magaz…
About a week ago, we celebrated an unforgettable evening of connections, insights, and fun at our Token 2049 Network & Chill event! Thank you to all our incredible clients, sponsors, and speakers who made it a night to remember.
Introducing our Client Asset Management Platform (CAMP): CAMP is a cutting edge institutional-grade ecosystem that can seamlessly combine #cryptocurrency trading, cross border payments and #capitalmarket#investments into a unified, groundbreaking platform.
We are delighted to announce a major milestone at MetaComp. We are proud to introduce the latest innovation: the ability to buy traditional securities such as money market funds and U.S. Treasury bills for stablecoins, and convert them to fiat.
coindesk.com/business/2023/0…