Built for financial institutions, payment service providers and other regulated payment
infrastructure providers
Payments have moved from person to person, to apps, and then to APIs. At every step, an institution could trace a payment instruction back to the customer or organisation behind it.
Agentic payments introduce a new shift: the instruction can now come from an AI agent acting on a customer’s behalf.
Without proper controls, an agent can move value with no verified identity, no clear limit on what it may do, and no named owner who is accountable for its actions. This creates a new governance question for institutions: when an AI agent acts on a customer’s behalf, how does the institution know which agent is acting, what it is authorised to do, and who is accountable for its actions?
A Know Your Agent framework for financial services is the set of checks that tells an institution which AI agent is acting, who it’s acting for, and what it has been allowed to do, so every payment it makes can be traced to someone accountable. MetaComp’s StableX KYA Framework applies these checks to regulated payments and financial workflows.
What Agentic Payments Risk Without a Know Your Agent Framework
- Payments that are difficult to attribute. If an institution can’t show which agent sent a payment, for which customer, and under what authority, it becomes harder to investigate disputed or unauthorised transactions, determine accountability and demonstrate effective controls.
- Unclear accountability when agents act outside their mandate. An AI agent can act faster and at greater scale than a human operator. But when an agent acts outside what it was authorised to do, the institution still needs to be able to demonstrate appropriate governance and controls over activity executed through its infrastructure. Without clear ownership and defined authority, it can become difficult to establish responsibility and demonstrate that appropriate controls were in place.
- Gaps in compliance. If an agent can trigger or influence AML screening, transaction decisions or other controls, the institution needs a record of what the agent was authorised to do and how it acted. Without that context, it becomes harder to demonstrate that the right controls were applied and explain the decisions made to customers, auditors or regulators.
- Lack of trust across institutions. When agents pay agents at other institutions, neither side can rely on checks it can’t see.
The StableX KYA Framework at Work
Agent-initiated payments
Agents customers bring with them
Customers may also want to use AI assistants of their own. AgentX is MetaComp’s agentic financial solution: it offers MetaComp’s regulated services as Skills that any compatible AI agent can call, and each of those agents works under the StableX KYA Framework while VisionX watches what it does.
As agents move beyond individual customer relationships and begin interacting directly with agents at other institutions, the governance challenge becomes shared.
Agent-to-agent payments between institutions
Money moves between institutions all day, and governing your own agents doesn’t help when the counterparty is an agent you’ve never seen. The StableX KYA Framework extends the principles of the FATF Travel Rule, which already has institutions share who is behind a transfer, to agent-to-agent activity.
Together, these scenarios show why KYA complements rather than replaces existing KYC, AML and transaction controls: the customer still needs to be known, but so does the agent acting on the customer’s behalf.
If you can’t identify the agent and its mandate, you can’t clearly account for what it did.
Read about the StableX Know Your Agent Framework to see how MetaComp governs agents.
Frequently Asked Questions
A: KYC verifies the person or business behind an account, while a Know Your Agent framework for financial services verifies the AI agent acting for them: which agent it is, who it acts for, and what it’s allowed to do. Institutions need both, because a verified customer can still be represented by an agent no one has checked.
A:That depends on whether the agent can be identified, linked to the customer it acts for, and kept within limits the customer has set. Under MetaComp’s StableX KYA Framework, an agent coming in through AgentX is held to those checks before it can act.
A: Screening still has to happen, and the institution also needs a record of what the agent could decide on its own. With MetaComp, VisionX screens wallets and transactions before the payment goes through, and the StableX KYA Framework ties each decision to an identified agent and its limits.
Each side should be able to identify the counterparty agent, understand who it acts for and the authority under which it acts. The StableX KYA Framework draws on FATF Travel Rule principles by providing for relevant identity and transaction information to be shared in agent-to-agent activity.
If you’re already piloting AI agents, start by listing them: what each does, who owns it, and what it an touch.
亚洲领先的 Web2.5 一体化数字金融基础设施服务商 MetaComp，联合集团旗下持牌资本市场运营主体 Alpha Ladder Finance（简称“Alpha Ladder”），与全球知名数字金融基础设施集团 Payward（全球知名数字资产交易平台 Kraken 的母公司）正式签署战略合作备忘录（MOU）。三方将依托各自在合规资质、底层技术研发、全球市场渠道布局的差异化优势，加速代币化权益资产在亚太合规市场的规模化落地与商业应用，迭代升级区域资本市场数字化底座，推动传统金融市场与区块链数字资产生态的合规深度融合。
本次战略合作的核心落地载体，为Payward旗下商业化体系成熟的xStocks代币化权益资产体系。作为当前全球落地规模领先、生态体系完善的代币化资产产品，xStocks可实现美股、海外ETF等主流传统权益资产的1:1链上映射发行。依托足额底层资产托管、全流程可溯源的合规机制，产品有效回应传统证券市场交易时段固定、地域准入受限、资产流动性不足等行业痛点，支持7×24小时全天候交易、多链资产自由流转及多元化链上金融应用，全面打通全球优质权益资产的流通壁垒。
MetaComp 联席总裁兼首席运营官Eddie Hui、MetaComp 业务拓展经理Tracy Xu、Payward 亚太增长负责人Constance Chen，Alpha Ladder集团创始人、执行董事兼主席Bo Bai博士
按照合作约定，拥有新加坡金融管理局（MAS）双重核心资质的Alpha Ladder，将作为Payward在亚太合规市场的核心战略合作伙伴，全面负责xStocks产品的区域架构设计与市场推广工作。依托其持有的资本市场服务牌照（CMS）、认可市场运营机构（RMO）资质，Alpha Ladder将统筹完成监管备案、合规审批与商业落地筹备等全流程工作，在新加坡监管框架体系内，稳步推进xStocks系列产品在亚太合规市场的规模化布局与常态化运营。
MetaComp将为本次战略合作提供全方位的底层基础设施与合规技术支撑。依托新加坡大型支付机构牌照资质，MetaComp可输出成熟的稳定币兑换、跨境资金收付、多币种清算结算、机构资产统筹管理等核心能力。同时，依托自研VisionX全维度合规风控系统与StableX智能流动性路由网络，搭建覆盖交易全流程的风控、流动性调度与清算体系，精准匹配亚太机构客户的合规交易与风险管控需求，全面保障xStocks亚太业务平稳落地运营。
Alpha Ladder集团创始人、执行董事兼主席Bo Bai博士表示，此次与Payward的战略合作，将为亚太机构投资者开辟全新的合规资产流动性通道。通过将代币化权益资产纳入合格质押标的体系，可有效盘活非交易时段的存量股权资产，显著提升机构投资者的资金使用效率与整体资产回报率，为亚太市场提供适配数字经济时代的创新投融资与资产管理方案。本次合作落地，标志着代币化资产赛道正式从概念创新、试点探索，迈入机构规模化商用的全新阶段，为全球持牌金融机构入局链上合规金融生态，构建了标准化、可复制、可落地的行业范式。
Payward旗下xStocks业务总经理Val Gui表示，长久以来，地域限制、固定交易时长、高准入门槛，是制约全球优质权益资产普惠流通、全球化配置的核心痛点。本次三方战略合作，是推动全球资本市场无边界化、普惠化发展的重要里程碑。xStocks的核心发展愿景，是助力全球各类投资者以低成本、高效率、合规化的方式参与全球主流资本市场配置，真正实现传统金融市场与区块链生态的互联互通、无缝衔接。
本次三方强强联合，整合了成熟的监管合规体系、完善的机构分销网络、前沿的资产代币化技术三大核心资源。合作将优先服务亚太机构投资者群体，后续逐步向全市场合规参与者开放，助力市场主体合规、便捷地布局全球优质代币化股票与ETF资产。未来，三方将深度挖掘亚太代币化资本市场发展潜力，持续探索多元化资产代币化应用场景，优化交易机制与合作模式，筛选优质合作主体，依托各方全球化资源与资本市场深耕经验，持续扩容亚太代币化证券市场参与主体规模，构建规范、互通、高效的区域数字化资本市场生态。
行业分析人士指出，本次MetaComp、Alpha Ladder与Payward的跨界合作，精准补齐了亚太地区代币化资本市场的合规基建短板，实现了传统金融监管体系与区块链资产创新的有机融合。合作项目落地后，将有效推动亚太代币化资产市场朝着规范化、规模化、专业化方向迭代升级，为全球传统资产代币化业务的区域合规落地，打造极具参考价值的亚太标杆。
关于MetaComp
MetaComp 是亚洲统一Web2.5数字金融解决方案的先驱，在支付、资金管理及财富*管理领域打通法币与稳定币能力，服务于机构级、集团层面的平台。
合规先行、智能体驱动，MetaComp 的 StableX Network 整合自有引擎与解决方案，助力机构在统一、合规的 Web2.5 金融架构下，跨法币与稳定币通道完成资金转移、兑换与管理。其核心引擎优化外汇执行与流动性路由，合规智能引擎 VisionX 则同时对法币交易与链上数字资产活动进行筛查，以支持反洗钱/反恐怖融资（AML/CFT）合规及交易监控。通过该网络，机构与企业可管理支付与收款，并获取跨越传统与数字资产类别的资金管理及投资能力。
MetaComp 持有新加坡金融管理局（MAS）颁发的主要支付机构牌照下运营，涵盖数字支付代币及跨境汇款服务。资金管理与投资服务由 MetaComp 的 MAS 持牌关联公司 Alpha Ladder Finance Pte. Ltd. 提供，该公司持有资本市场服务牌照及认可市场运营商牌照。
该集团级平台年化交易量达 140 亿美元，财富管理资产规模* 达 5 亿美元。平台服务超过 1,000 家企业客户及支付服务商，并与超过 60 家银行及流动性合作伙伴保持合作。
*所有与证券及资本市场产品相关的服务，均由Alpha Ladder Finance Pte. Ltd.独家提供及运营。
关于Alpha Ladder Finance
Alpha Ladder Finance是新加坡头部现实资产（RWA）代币化综合服务平台，2021年成功获批新加坡金融管理局资本市场服务牌照（CMS）与认可市场运营机构（RMO）双重资质。依托自主研发的专利非同质化数字孪生（NFDT®）技术、多云架构MPC加密资产托管钱包以及专业的链上交易合规筛查体系，公司为机构客户提供定制化资产代币化、资产交易流转、流动性管理等一站式合规服务，精准衔接传统资本市场与区块链数字金融生态，助力实体资产数字化转型与资本化增值。
关于Payward
Payward是全球顶尖的一体化数字金融基础设施集团，深耕全球开放型金融体系建设，旗下布局Kraken、xStocks、NinjaTrader等多款行业标杆产品。公司搭建了统一的全球化流动性池、风险保证金管理体系、清算结算系统与合规风控框架，依托标准化底层技术架构，实现跨资产、跨区域、跨场景的金融服务高效落地，可低成本、高效率迭代创新金融产品，服务全球多元化市场，具备成熟的全球化合规运营与规模化落地能力。
关于xStocks
xStocks是全球代币化权益资产领域的标杆产品，专注于将美股、海外ETF等主流公开市场权益资产进行1:1链上映射发行，所有链上代币均由足额底层标的资产背书、纳入合规机构托管，资产真实性与安全性全程可追溯。产品可适配中心化交易所、去中心化钱包、链上DeFi生态等多场景流转应用，支持全天候交易、资产质押融资、链上实时结算等创新功能，大幅拓展了传统权益资产的应用场景与流动性边界。自2025年6月上线以来，xStocks已落地多条主流公链生态，累计交易规模达数十亿美元，是目前全球商业化程度最高、生态布局最完善的代币化权益资产体系。
免责声明
本次合作涉及的资本市场相关业务，均由Alpha Ladder Finance及其他具备合法资质的主体，严格按照新加坡当地法律法规及监管要求开展。本稿件仅作行业资讯发布用途，不构成任何投资建议、交易邀约、法律意见或税务指导。xStocks产品未完成美国证券监管备案，暂不向美国、英国及其他合规受限地区用户开放。Payward未持有新加坡金融管理局颁发的金融服务牌照，不在新加坡境内开展受监管的金融业务。所有产品与服务落地，均以当地监管审批、合规备案及正式商业协议约定为准