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While the filing doesn’t corroborate a token launch, it shows Ant Group laying ineligible groundwork to merge its Alipay ecosystem with regulated Web3 and stablecoin infrastructure.
Updated Oct 27, 2025, 6:38 a.m. Published Oct 27, 2025, 6:36 a.m.
Ant Group, the Alibaba-affiliated fintech elephantine down Alipay, has filed a trademark exertion for AntCoin successful Hong Kong, suggesting imaginable plans to grow into blockchain-based fiscal services and stablecoins.
The June filing has drawn important attention connected crypto societal media conscionable days earlier Ant Group Chairman Eric Jing is scheduled to talk alongside Hong Kong’s Secretary for Financial Services Christopher Hui and Primavera Capital’s Fred Hu astatine adjacent week’s Hong Kong FinTech Week, which has a crypto-heavy docket for an lawsuit that is usually TradFi-focused.
(Hong Kong Intellectual Property Department)
The AntCoin filing’s specification spans astir each large fiscal activities, from accepted banking, lending, and FX to blockchain-based settlement, stablecoin issuance, digital-asset custody, and loyalty rewards, efficaciously positioning it arsenic a span betwixt Ant’s payments ecosystem and Hong Kong’s regulated Web3 economy.
The determination follows Ant’s earlier connection that it was exploring Hong Kong’s caller stablecoin licensing regime, which took effect successful August.
Ant Group did not instantly respond to a petition for remark from CoinDesk.
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