Alibaba Affiliate Ant Group Files ‘AntCoin’ Trademark in Hong Kong, Hinting at Crypto Ambitions

Why It Matters

If realized, the move could position Ant to expand into blockchain-based payments and digital assets, reshaping competition in payments and drawing close regulatory scrutiny.

Summary

Ant Group affiliate has filed a trademark for “AntCoin” in Hong Kong, signaling preparatory steps toward a possible crypto-related product tied to its Alipay ecosystem. The filing stops short of confirming a token launch but indicates legal groundwork to integrate Alipay with regulated Web3 services and stablecoin infrastructure under Hong Kong’s evolving crypto framework. If realized, the move could position Ant to expand into blockchain-based payments and digital assets, reshaping competition in payments and drawing close regulatory scrutiny.