MetaComp said the fresh capital will be used to expand its digital asset trading, custody, and prime brokerage services for institutional clients, including asset managers, fintech firms, and payment companies.

Singapore-based digital asset infrastructure firm MetaComp has raised $35 million in new funding, with backing from Chinese technology giant Alibaba, in a move aimed at accelerating the company’s global expansion and strengthening institutional access to digital asset services.

The funding round, announced this week, highlights growing investor interest in regulated crypto and fintech infrastructure emerging from Singapore, a jurisdiction widely regarded as one of Asia’s most active hubs for blockchain innovation and digital finance.

MetaComp said the fresh capital will be used to expand its digital asset trading, custody, and prime brokerage services for institutional clients, including asset managers, fintech firms, and payment companies. The company also plans to scale its technology infrastructure and pursue additional regulatory licenses across key financial markets.

Founded in Singapore, MetaComp operates a digital asset platform that provides execution, settlement, and liquidity solutions for cryptocurrencies and tokenized financial instruments. The company aims to bridge traditional finance and the rapidly evolving crypto sector by offering regulated market access and enterprise-grade trading infrastructure.

Executives at MetaComp said strategic investors participating in the round — including affiliates linked to Alibaba — will support the firm’s ambitions to expand its presence across Asia and other global financial centers.

“Digital assets are becoming an increasingly important component of the global financial system,” MetaComp said in a statement. “This funding allows us to accelerate innovation and deliver institutional-grade infrastructure that meets the evolving needs of financial institutions.”

Alibaba’s involvement reflects the broader interest of large technology firms in blockchain-enabled financial services, particularly as tokenization, stablecoins, and digital asset trading gain traction among institutional investors.

Singapore has positioned itself as a leading fintech and crypto hub in Asia thanks to its regulatory clarity and support for financial innovation. The country’s ecosystem includes a growing number of blockchain startups, payment companies, and digital asset exchanges operating under oversight from the Monetary Authority of Singapore.

Industry analysts say funding rounds such as MetaComp’s underscore the region’s growing role in shaping the next phase of global financial infrastructure, where digital assets increasingly intersect with traditional banking and capital markets.

With the new capital secured, MetaComp said it intends to deepen partnerships with financial institutions and technology providers while continuing to build scalable platforms designed for institutional adoption of digital assets.

The company did not disclose its post-money valuation following the funding round but said additional strategic collaborations and product launches are expected later this year.