China's Ant Group acquires $360M stake in Hong Kong stablecoin firm

March 31, 2026, 6:00 AM

China's largest fintech company, Ant Group, announced it has acquired a 50.55% stake in Hong Kong-listed stablecoin firm Bright Smart Securities for 2.814 billion Hong Kong dollars ($360 million).

Leave the first comment

You need to log in to leave a comment.