Trump Administration Said to Mull Putting Digital Payments Giant Ant Group on Trade Blacklist: Report
The move comes as Ant, a global leader in digital payments, is readying what could be an offering worth up to a record $35 billion.
The launch of the cross-border trade blockchain comes as Ant stokes up enthusiasm for its public offering – set to be the largest on record.
As Jack Ma's Ant Group gets Hong Kong approval for its $30 billion IPO, it has rolled out a blockchain platform aimed at protecting users' copyrights.
Days after announcing an expected $200 billion IPO, the Alibaba affiliate has rebranded its enterprise blockchain to AntChain.
The dual listing could turn Alibaba affiliate Ant Group into one of the largest companies operating in the blockchain space.