MetaComp and OSL, Asia's largest OTC stablecoin service providers, have partnered to establish a 'Singapore-Hong Kong Connected Centre' to advance stablecoin cross-border payments and Real World Asset finance, enhancing regional digital finance integration.

Executive Summary

MetaComp, a Singapore-based licensed digital assets infrastructure provider, and OSL, a Hong Kong-headquartered compliant digital financial infrastructure platform, have established a "Singapore-Hong Kong Connected Centre." This strategic collaboration aims to advance digital solutions for cross-border payments, improve Real World Asset (RWA) token market infrastructure, and foster regulatory-compliant innovation across both financial hubs. The initiative is anticipated to increase institutional confidence and liquidity within regulated stablecoin and RWA markets in Asia, establishing a model for compliant cross-border digital asset infrastructure and accelerating the convergence of traditional finance and digital assets in the region.

The Event in Detail

MetaComp and OSL, recognized as prominent OTC stablecoin service providers in Asia, have formally announced a comprehensive strategic partnership. The core objective is to create an interconnected ecosystem for digital assets and tokenized finance, addressing critical market needs such as enhancing liquidity, enabling cross-border payments, facilitating compliant RWA token trading, and strengthening digital asset management and compliance frameworks. The partnership will focus on driving stablecoin cross-border payments and RWA finance through unified compliance frameworks, efficient capital flow, and robust risk control. This includes exploring RWA cross-market listing, compliant trading, and multi-channel fiat/stablecoin settlement for institutional and qualified investors.

Deconstructing Financial Mechanics

The collaboration leverages MetaComp's StableX platform, a next-generation cross-border FX and liquidity routing infrastructure. StableX is designed to streamline global fund flows using USD and compliant stablecoins such as USDT and USDC, with plans to expand support to FDUSD, PYUSD, and WUSD. The platform offers real-time execution, cost efficiency, and 24/7 access to liquidity, utilizing an intelligent routing engine to select the most efficient payment rail. StableX supports key currencies including USD, EUR, GBP, SGD, and AED, with aspirations to scale to 31 major and exotic currencies. Furthermore, StableX integrates with MetaComp's Client Asset Management Platform (CAMP), providing custody, OTC trading, and compliant payment services. Both companies commit to deepening collaboration on KYC databases, on-chain wallet analysis, and cross-chain tracking to strengthen AML/CFT systems, underscoring a focus on robust regulatory adherence.

Business Strategy & Market Positioning

This partnership represents a strategic alignment designed to leverage the regulatory strengths and market positions of both Singapore and Hong Kong as burgeoning digital asset hubs. MetaComp, licensed by the Monetary Authority of Singapore (MAS), and OSL, operating under the HKEX:863 listing, aim to bridge the gap between traditional finance and digital assets through a compliant framework. The initiative directly supports Hong Kong's "Virtual Asset Policy Declaration" of 2022 and the "Policy Statement on the Development of Virtual Assets 2.0" released in June 2025, which outline the city's commitment to becoming a global digital asset hub, particularly focusing on stablecoins and RWA tokenization. By co-developing infrastructure links and integrating liquidity networks, the entities seek to improve OTC market efficiency, offering better pricing, reduced slippage, and seamless access to liquidity for institutional clients. This approach positions the "Connected Centre" as a foundational element in Asia's institutional digital asset ecosystem, akin to other regional initiatives focused on tokenized real-world assets and cross-border settlement.

Broader Market Implications

The formation of the "Singapore-Hong Kong Connected Centre" signals a significant step toward the institutionalization of digital assets in Asia. By fostering a compliant and interconnected infrastructure for stablecoins and tokenized RWAs, the partnership could serve as a blueprint for future cross-jurisdictional collaborations. The emphasis on unified compliance frameworks and robust risk control aligns with global regulatory trends, potentially increasing investor confidence in the nascent digital asset sector. This initiative contributes to the broader trend of bridging traditional finance with blockchain technology, as evidenced by efforts such as the Velo Protocol, Lightnet Group, and OpenEden joint venture in ASEAN to provide a Treasury-as-a-Service platform for tokenized U.S. Treasury Bills. Furthermore, the collaboration echoes Nasdaq's proposed "tokenized settlement" within the NMS, suggesting a global movement towards faster, more efficient, and programmable financial systems via tokenization. The strengthening of AML/CFT systems through shared KYC and on-chain analytics capabilities could also set new standards for regulatory compliance in the digital asset space, fostering broader corporate adoption and attracting more institutional capital to the Web3 ecosystem in Asia and beyond.