antchain

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

March 15, 2021 @ 10:20 pm By Omar Faridi |

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

September 25, 2020 @ 10:18 am By Samantha Hurst |

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

Read more in: Fintech, General News, Global | Tagged ant group, antchain, financial service, global, trusple

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

August 21, 2020 @ 9:19 am By Omar Faridi |

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