Ant Group Applies for Virtual Asset Trademarks in Hong Kong

Tech giant Ant Group, part of the Alibaba empire, is exploring expansion into the rapidly growing virtual asset landscape by applying for trademarks related to ‘ANTCOIN’. This strategic move underscores its ambition to diversify its fintech operations beyond traditional payments. Ant Group’s commitment to this venture is reflected in its significant investment of HK$7.2 billion in a new office facility in Hong Kong, demonstrating its long-term aspirations within the region.