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Chinese tech giant Ant Group is reportedly planning to integrate Circle’s USDC stablecoin into its blockchain platform, even ...
The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including ...
Citigroup and Singapore-based financial technology firm Ant International have launched a pilot program using artificial ...
Ant Group partners with Circle to bring USDC to AntChain, as stablecoin regulation improves and global adoption accelerates ...
Ant Group will adopt USDC on its blockchain platform, highlighting USDC blockchain adoption in cross-border payments and ...
Ant Group’s growth is tied closely to economic changes in China, a nation of 1.5 billion consumers. China’s economy is increasingly being driven by domestic consumption as the workforce ...
"Ant Group has been focusing on its business rectification and optimisation, and does not have a plan for an IPO," the company spokesperson said.
Ant Group said in an announcement on Saturday that Mr. Ma would no longer be the “control person” who holds 34 percent of the company’s shares. Instead, he would be one of 10 major shareholders.
Ant Group’s huge IPO fits its own epic scale. As TechCrunch reported in July, Ant had around 1.3 billion annual active users in March of this year, a number that could have risen in recent quarters.
Ant Group owns Alipay, the world's biggest digital payment platform. As per the company, Alipay has more than 1 billion users which easily dwarfs PayPal's ( PYPL ) 286 million users.
Ant Group is actually the financial services arm of Alibaba. Ant expects to be valued at $380 billion market when it debuts its 1.67 billion public shares, which would make it one of the largest ...