MetaComp Raises $22 Million for Web2.5 Infrastructure Expansion
- MetaComp has secured $22 million in a pre-Series A funding round.
- Investors include Eastern Bell Capital, Noah, Sky9 Capital, Freshwave Fund, and Beingboom Capital.
- The funds will be used to expand the StableX network into Southeast Asia and the Middle East.
- StableX currently supports over ten stablecoins, including USDT and USDC, and integrates fiat channels via SWIFT.
- MetaComp plans to develop VisionX, an advanced compliance tool with KYT monitoring capabilities.
This funding round highlights the increasing demand for regulated payment infrastructures in the cryptocurrency sector as MetaComp aims to enhance its stablecoin offerings and expand its reach in emerging markets.
With $22 million secured, MetaComp is positioned to significantly scale its operations while integrating traditional financial systems with blockchain technology through its DeFi solutions.
