Ant Group denies the rumors of a collaboration between the financial technology Ant and the Chinese company that is publicly quoted Hainan Huatie that involves associations in RWA and Stablcoins.
In an official statement shared on the Wechat social platform, Alibaba’s Fintech arm approached the rumors circulating the circulating arm technologies that collaborated with another Chinese company to carry out companies related to web3. The company in question is Hainan Huatie, a Chinese company that provides AI protection services.
According to the press release, there is a dissemination speculation in the leg that the digital technology company is preparing for cooperation with Hainan Huatie that involves Stablcoins and active assets of the real world. The company clarified that it does not have a formal agreement, commercial package or project implementation between the two parties.
In addition, Ant Group also the opportunity to shed light on any other false rumored collaboration involving Ant Digital with respect to web3 RWAS and Stablecoins themes.
“In addition, some companies in the market have recently promoted hot concepts such as RWA and Stablecoins, which implies false cooperation with Ant of Financial,” the ANT group wrote in its statement.
“Investors and partners are advised to carefully identify market rumors and pay attention to investment risks,” the company continued.
The company threatened the entities that spread the error with legal actions, specifically “the unauthorized use of the name of our company for inadequate advertising.” If this claim is related to an earlier report on Ant International looking for Stablecoin licenses in Hong Kong, Singapore and Luxembourg, as Crypto.News previously reported, it remains an uncle.
On June 12, a company spokesman confirmed that Ant Group’s international arm has plans to obtain the Stablecoin issuers license in Hong Kong after the city’s Stablecoins ordinance enters into force in August 2025.
In accordance with the new law, all
