Ant Group (Alibaba) files AntCoin trademark in Hong Kong, signals Alipay Web3 expansion

Ant Group, head of the famous Chinese e-commerce company Alibaba, has filed an AntCoin trademark in Hong Kong, a move flagged in a CoinDesk report.

Ant Group from Alibaba aims to launch the new AntCoin

Ant Group files AntCoin trademark in Hong Kong, according to public records; the application was submitted in June 2025. The specification spans payments, settlement, stablecoin issuance and custody, suggesting a brand-level legal step rather than an announced product. Trademark filings of similar scope have been seen as a preparatory move among banking giants launching stablecoins.

In brief, the filing signals preparatory positioning for regulated digital services while stopping short of confirming a token launch.

How does the Hong Kong stablecoin license affect the picture?

The filing arrives after the hong kong stablecoin license took effect on 1 August 2025, which established a formal compliance route for issuers and custodians. That regulatory change makes stablecoins and digital-asset custody plausible near-term use cases for the AntCoin brand. These developments are part of a broader regional push as Hong Kong raises the level of security with licenses and transparent rules.

How could Alipay Web3 integration shape market access?

Linking a regulated token to Alipay could embed fiat-like digital units into an existing consumer payments network, creating distribution scale quickly. Any operational rollout would still require licensing approvals and technical integration with Alipay and institutional custody providers. Such integrations echo the steps seen in the sector as Ant Group pushes USDC into global finance and advances regulated digital payments infrastructure.

Which executives and forums are connected to the story?

The reporting highlights Eric Jing and notes related discussion at Hong Kong FinTech Week involving Christopher Hui and Fred Hu. These names reflect senior-level visibility rather than confirmation of commercial plans.

What comes next?

Watch for follow-up regulatory filings, corporate statements and trademark processing outcomes. Further evidence could appear in licensing applications or product announcements from Ant Group.