Tagged: antchain

DBS Becomes First Major Asian Bank to Finalize Trade Financing Transaction via AntChain’s Trusple Platform

After the rollout of Trusple, which is AntChain’s global trade and financial services platform, DBS (SGX:D05) has confirmed that it’s the first major Asian banking institution to finalize a trade financing transaction via the platform. The digital transaction was valued at more than $40,000. The… Read More

Ant Group Unveils AntChain-Powered Global Trade/Financial Service Platform “Trusple” For SMEs & Financial Institutions

Financial giant Ant Group announced on Friday the launch of Trusple, an international trade and financial service platform powered by AntChain, the company’s blockchain-based technology solutions. According to Ant Group, Trusple aims to make it easier and less costly for all participants to sell their… Read More

Fintech Giant Ant Group’s Profits Increased 560% Year-Over-Year to an Estimated $1.3 Billion, Dual IPO Listings Forthcoming

Chinese Fintech Unicorn Ant Group, which is part-owned (33%) by digital commerce giant Alibaba, is currently planning dual IPO listings in Hong Kong and Shanghai. Established by billionaire Jack Ma’s Alibaba (NYSE:BABA), Ant Group, which includes AliPay, earned 9.2 billion CNY (appr. $1.3 billion) in… Read More

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