Ant Group’s AntCoin Trademark Spark: A New Era for Financial Technology?

Ant Group, a major player in the world of financial technology and a subsidiary of Alibaba, has applied for a trademark for ‘AntCoin’ in Hong Kong. This application, submitted in June, reveals the company’s potential focus on blockchain-based financial services and stablecoin initiatives. The move comes ahead of Ant Group Chairman Eric Jing’s keynote address at the upcoming Hong Kong FinTech Week.