The registered capital of Ant Blockchain Technology Company, a subsidiary of Alibaba, has increased to approximately 200 million USD

2024-07-01 14:46:10

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ChainCatcher news, Ant Digital Technology Company, the blockchain division of Alibaba's financial technology subsidiary Ant Financial Group, has increased the registered capital of two subsidiaries. It has expanded the registered capital of its subsidiary Ant Blockchain Technology to approximately 200 million USD. The registered capital of another blockchain division, Ant Chain (Shanghai) Digital Technology Co., Ltd., has also increased to about 289 million USD.

Ant Blockchain Technology (Shanghai) Co., Ltd. recently amended its business registration with Chinese authorities, raising its registered capital from 100 million RMB to 1.5 billion RMB (206.4 million USD). This blockchain division was established in December 2018, and its registered business activities include software development, hardware retail, and information technology services.

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