China's ant group's AntCoin filing signals crypto ambitions
|Ant Group, Alibaba’s fintech powerhouse, filed for the “AntCoin” trademark in Hong Kong in June 2025, igniting crypto speculation. Revealed October 27, the filings cover stablecoins, virtual assets, and blockchain services. Hong Kong’s IP records confirm Ant International’s move to secure Web3 branding.
Hong Kong’s crypto gateway
While mainland China bans crypto, Hong Kong thrives as a regulated hub. Ant’s filings sidestep Beijing’s October 2025 stablecoin crackdown. With Alipay’s 1 billion users, AntCoin could reshape digital payments, leveraging Hong Kong’s crypto-friendly laws to test global waters.
Market whispers and potential
The AntCoin trademark filing lit up X, with traders speculating on a seismic shift in China’s crypto stance. Ant Group, Alibaba’s $150 billion fintech titan, remained tight-lipped, yet the move signals bold Web3 ambitions. While filings don’t guarantee a launch, they position Ant to lead the next wave of digital finance.
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