Alibaba’s Ant Group Files ‘AntCoin’ Trademark in Hong Kong, Hinting at Crypto Ambitions
Analysis
Price Impact
HighAnt group, a fintech giant behind alipay, potentially entering the stablecoin and web3 space in hong kong could significantly legitimize the sector, attract institutional interest, and drive massive user adoption through its existing ecosystem.
Trustworthiness
HighThe information is based on a verifiable trademark filing with the hong kong intellectual property department and reported by coindesk, a reputable crypto news source.
Price Direction
BullishAnt group's move could introduce a vast user base from alipay into the crypto ecosystem, particularly stablecoins, leading to increased demand, market capitalization, and overall bullish sentiment for the stablecoin sector and potentially the broader crypto market due to increased institutional validation.
Time Effect
LongTrademark filings are an early step. the development, regulatory approval, and full implementation of a new financial product like 'antcoin' and its integration into web3 infrastructure will take considerable time (months to years) to fully materialize and show market impact.
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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Alibaba’s Ant Group Files ‘AntCoin’ Trademark in Hong Kong, Hinting at Crypto Ambitions While the filing doesn’t confirm a token launch, it shows Ant Group laying legal groundwork to merge its Alipay ecosystem with regulated Web3 and stablecoin infrastructure. By Sam Reynolds | Edited by Omkar Godbole Oct 27, 2025, 6:36 a.m. What to know : Ant Group has filed a trademark application for AntCoin in Hong Kong, indicating potential expansion into blockchain financial services. The trademark covers a wide range of financial activities, including stablecoin issuance and digital-asset custody, aligning with Hong Kong's Web3 economy. The filing comes ahead of Ant Group Chairman Eric Jing's participation in Hong Kong FinTech Week, which will focus heavily on cryptocurrency. Ant Group, the Alibaba-affiliated fintech giant behind Alipay, has filed a trademark application for AntCoin in Hong Kong, suggesting possible plans to expand into blockchain-based financial services and stablecoins. The June filing has drawn significant attention on crypto social media just days before Ant Group Chairman Eric Jing is scheduled to speak alongside Hong Kong’s Secretary for Financial Services Christopher Hui and Primavera Capital’s Fred Hu at next week’s Hong Kong FinTech Week , which has a crypto-heavy agenda for an event that is usually TradFi-focused. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . (Hong Kong Intellectual Property Department) The AntCoin filing’s specification spans nearly all major financial activities, from traditional banking, lending, and FX to blockchain-based settlement, stablecoin issuance, digital-asset custody, and loyalty rewards, effectively positioning it as a bridge between Ant’s payments ecosystem and Hong Kong’s regulated Web3 economy. The move follows Ant’s earlier statement that it was exploring Hong Kong’s new stablecoin licensing regime, which took effect in August. Ant Group did not immediately respond to a request for comment from CoinDesk. Ant Ant Group Hong Kong Higit pang Para sa Iyo OwlTing: Stablecoin Infrastructure for the Future Ni CoinDesk Research Okt 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Restoring Privacy to ZEC on Solana via Encifher By Omkar Godbole , AI Boost | Edited by Shaurya Malwa 14 minutes ago ZEC's price has surged by 380% this month. What to know : Zcash (ZEC) has surged in price, leading to its integration into multiple blockchain ecosystems, including Solana. Wrapped ZEC on Solana does not maintain Zcash's native privacy features. Encifher offers a solution with encrypted assets like eZEC, Encifher explained on X. Read full story Latest Crypto News Restoring Privacy to ZEC on Solana via Encifher 14 minuto ang nakalipas Japan's New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token 1 oras ang nakalipas Dogecoin Breaks Multi-Month Range as $0.21 Resistance Flips to Support 1 oras ang nakalipas XRP’s Clean Technical Break Repositions Bulls for $2.80 Push 1 oras ang nakalipas Bitcoin Surpasses 50-Day Average, but CoinDesk BTC Trend Indicator Remains Bearish 2 oras ang nakalipas Bitcoin Set for Massive Surge as Bank Reserves Near 'Danger Zone,' Says Adam Livingston 3 oras ang nakalipas Top Stories Japan's New Yen Stablecoin is Asia’s Only Truly Global Fiat-Pegged Token 1 oras ang nakalipas Gold’s Pause is Bitcoin’s Pulse as Risk Appetite Returns Ahead of the Fed Week 16 oras ang nakalipas Asia Morning Briefing: Bitcoin Holds Above $114K as Whales Absorb Supply and Shorts Rebalance 4 oras ang nakalipas Bitcoin Surpasses 50-Day Average, but CoinDesk BTC Trend Indicator Remains Bearish 2 oras ang nakalipas XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Proposed 'Batch' Amendment 14 oras ang nakalipas Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10% Okt 25, 2025