🚨 BREAKING NEWS 🚨 Ant Group, the fintech arm of Alibaba, has officially denied rumors of a collaboration with Hainan Huatie involving partnerships in RWA and stablecoins.
In a statement shared on WeChat, the company addressed speculation that they were gearing up for a cooperation with Hainan Huatie, a Chinese company that provides AI-computing services. But fear not, my friends, for Ant Group has clarified that there have been no formal agreements, business arrangements, nor project implementations between the two parties.
Ant Group also took the opportunity to shed light on any other rumored false collaborations involving Ant Digital with regards to web3 topics RWAs and stablecoins. They warned investors and partners to carefully identify market rumors and pay attention to investment risks. 🤑
The company threatened entities spreading misinformation with legal action, specifically “unauthorized use of our company’s name for improper publicity.” Whether this claim is related to an earlier report on Ant International seeking stablecoin licenses in Hong Kong, Singapore, and Luxembourg remains unclear.
On June 12, a company spokesperson confirmed that Ant Group’s International arm has plans to obtain a stablecoin issuer license in Hong Kong after the city’s Stablecoins Ordinance takes effect in August 2025.
So there you have it, folks! Don’t believe the hype! 😜
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2025-06-20 12:36