October 27, 2025 | 11:23Ant Group, China’s largest internet finance company, has filed to register the ANTCOIN trademark in Hong Kong, covering digital wallets, online payments, and stablecoin services. This strategic move signals the fintech giant’s positioning in Hong Kong’s growing virtual asset sector despite recent regulatory challenges from Beijing that have temporarily stalled its stablecoin ambitions.
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KWEB ETF Outperforms SPY by 272% – Can It Repeat in 2026?
While the SPDR S&P 500 ETF (SPY) delivered respectable 13.67% returns year-to-date, the KraneShares CSI China Internet ETF (KWEB) surged 37.19%, creating a stunning 272% performance gap. This satellite ETF provides exposure to Chinese internet giants like Alibaba, Tencent, and PDD Holdings with minimal overlap to traditional U.S. indices, offering investors a compelling diversification opportunity as Chinese tech stocks rebound strongly after years of underperformance.
read moreJack Ma’s Yunfeng Buys $44M Ethereum for Treasury
Yunfeng Financial Group, a Jack Ma-associated financial services company listed in Hong Kong, has purchased 10,000 ETH worth approximately $44 million to build an Ethereum treasury. The acquisition, revealed in September filings, marks Yunfeng’s entry into the corporate crypto treasury trend popularized by companies like MicroStrategy with Bitcoin. The firm stated this move will reduce reliance on traditional currencies while supporting its expansion into Web3, real-world assets, digital currencies, and AI. Following the announcement, Yunfeng’s shares rose 9.55%, demonstrating market approval. This development highlights how Asian companies are increasingly integrating digital assets into corporate finance strategies, viewing them as legitimate treasury assets rather than speculative instruments.
read moreYunfeng Financial Buys $44M ETH for Web3 Expansion
Yunfeng Financial Group has made a significant $44 million investment in Ethereum, acquiring 10,000 ETH to support its strategic expansion into Web3, real-world asset tokenization, and digital finance infrastructure. The Hong Kong-listed company, which has connections to Alibaba founder Jack Ma, funded the purchase through internal cash reserves as part of its broader push into blockchain technology and artificial intelligence. The company specifically selected Ethereum as a reserve asset to facilitate RWA tokenization efforts and drive technological innovation in financial services. This acquisition represents a notable endorsement of Ethereum’s role in the future of finance and demonstrates how traditional financial institutions are increasingly embracing cryptocurrency assets for strategic growth.
read moreAnt International & Circle Partner to Integrate USDC on Blockchain
Ant International, the global arm of Ant Group, is partnering with Circle Financial to bring USDC, a dollar-backed stablecoin, onto its blockchain platform, pending U.S. regulatory approval under the GENIUS Act. This integration aims to enhance real-time global payments and interoperability between banks, digital wallets, and public blockchains. Ant, which processed over $1 trillion in transactions last year, sees USDC as a bridge to the broader financial system, while Circle expands its offerings with tools like Circle Gateway and Circle Mint. Both companies are also pursuing stablecoin licenses in key financial hubs like Singapore and Hong Kong, where new regulations are paving the way for regulated stablecoins.
read moreAnt International Eyes USDC for $1T Payment Overhaul in Asia
Ant International, part of Jack Ma’s Ant Group, is exploring the addition of USDC to its blockchain-based payment network, aiming to disrupt Asia’s $1 trillion cross-border payments sector. The plan depends on Circle, USDC’s issuer, complying with U.S. Senate regulations expected by mid-2025. If successful, this could weaken Tether’s stronghold in the region. Circle, which recently went public, anticipates completing its stablecoin compliance process soon. The move highlights the growing intersection of traditional finance and blockchain technology in global payments.
read moreAnt Group & Circle to Integrate USDC on Blockchain
Ant Group is reportedly partnering with Circle to integrate the USDC stablecoin into its blockchain platform, pending regulatory approval. According to Bloomberg, this initiative aims to leverage USDC’s stability and compliance once it meets U.S. regulations. The timeline remains unclear, but the move aligns with Circle’s recent application to establish a national trust bank for managing USDC reserves. Additionally, the U.S. Senate’s passage of the GENIUS Act in June provides a regulatory framework for stablecoins, potentially accelerating adoption. This collaboration could position Ant Group as a key player in blockchain-based financial services.
read moreAnt Financial Seeks Stablecoin Licenses in Hong Kong, Singapore
Ant Financial, an affiliate of Alibaba, is pursuing stablecoin issuer licenses in Hong Kong and Singapore, aligning with new regulatory frameworks like Hong Kong’s Stablecoin Ordinance effective August 1. The company aims to leverage its blockchain-based Whale platform for cross-border payments and treasury management, processing a third of its $1 trillion transactions via blockchain in 2024. This development reflects broader industry trends, as major banks like Deutsche Bank and Societe Generale explore stablecoins, while tech firms consider integrating them into payment systems. The stablecoin market recently surpassed $250 billion in capitalization, signaling rapid growth and institutional interest.
read moreAnt International Seeks Stablecoin Licenses in Hong Kong, Singapore
Ant International, a Singapore-based unit of Ant Group, is set to apply for stablecoin issuer licenses in Hong Kong once the city’s regulatory framework takes effect in August. The company also plans similar licensing efforts in Singapore and Luxembourg, signaling a broader push into regulated crypto payments. As an affiliate of Alibaba Group, Ant International operates Alipay, the world’s largest digital payment platform, serving 1.3 billion users and 80 million merchants globally. This development underscores the growing institutional interest in compliant cryptocurrency solutions within the fintech sector.
read moreAlibaba’s Stock Soars After Launching New AI Model and Market Recovery
Alibaba Group Holding Ltd. (BABA) saw its stock surge by 8.61% after unveiling the QwQ-32B model, which offers DeepSeek-level performance with significantly less data. The company has gained $135 billion in market value this year, buoyed by improving business conditions and support from Beijing.Analysts highlight the positive impact of Alibaba’s advancements in AI on its cloud computing sector, as the firm stabilizes following a government crackdown. Investors are increasingly recognizing the potential of its open-source model as a catalyst for growth.
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