Ant Group, the owner of Alipay, has filed to register a new trademark known as “ANTCOIN” in Hong Kong, and a few other trademarks related to virtual assets, stablecoins, and blockchain services.
According to local news, Ant Group hasn’t formally announced the release of a token or coin. However, the filing of the trademark indicates it is putting the legal foundations in place well ahead of time.
The trademark registration entails spaces like virtual currencies, blockchain platforms, and digital payment systems. This means Ant Group is holding the brand name in reserve before establishing or launching associated services. This kind of move is typical for big finance companies when getting ready for product development or license applications in the future.
Hong Kong’s stablecoin license framework
Ant Group’s move follows Hong Kong’s newly introduced mandatory stablecoin licensing regime, which took effect on August 1, 2025.
Under regulations announced by the Hong Kong Monetary Authority (HKMA) on July 29, both local and overseas firms will need a license before issuing fiat-backed stablecoins to Hong Kong users. The framework provides AML requirements, licensing process and an interim transition path for prospective applicants.
Ant Group is not alone. Other major Chinese companies are also positioning themselves for stablecoin licensing. Fosun International has reportedly held policy-level discussions with Hong Kong officials, while JD.com has filed “Jcoin” and “Joycoin” trademarks through its fintech arm JD Coinlink. The trend reflects growing preparation among mainland-linked conglomerates using Hong Kong’s regulatory environment to enter digital asset infrastructure.
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