Ant Group Embarks on Blockchain Initiative with Trademark for ‘AntCoin’

Ant Group, a leading player in financial technology and a subsidiary of Alibaba, has taken the initial step to register a trademark for “AntCoin” in Hong Kong. This move signals the company’s strategic interest in blockchain technologies and stablecoin projects, ahead of Chairman Eric Jing’s upcoming appearance at the Hong Kong FinTech Week. The timing of this application is significant as it suggests Ant Group plans to integrate traditional financial systems with new digital economic models.