China’s Ant Group denies rumors about an RWA and stablecoin joint venture

Ant Group denies rumors of a collaboration between Ant Financial technology and the Chinese company listed on the Hainan Huatie stock exchange involving partnerships in Rwa and Stablecoins.

In an official statement Shared on the WeChat social platform, the fintech arm of Alibaba addressed rumors circulating on its digital arm of technologies in collaboration with another Chinese company to continue web3-The linked. The company in question is Hainan Huatie, a Chinese company that provides IA-Commuting services.

According to the press release, there have been generalized speculation according to which the digital technology company is preparing for cooperation with Hainan Huatia implying stable And active real world. The company clarified that there was no official agreement, commercial arrangement or implementation of the project between the two parties.

In addition, Ant Group also took the opportunity to shed light on any other false collaboration that has rumored Ant Digital with regard to RWAS and Stablecoins Web3 subjects.

“In addition, some companies on the market have recently excited hot concepts such as RWA and Stablecoins, which implies false cooperation with Ant Financial,” wrote the ANT group in its publication.

“Investors and partners are advised to carefully identify market rumors and pay attention to investment risks,” continued the company.

The company has threatened entities distributed by disinformation with legal action, in particular “the unauthorized use of the name of our company for poor publicity”. If this complaint is linked to a previous report on Ant International is looking for Stablecoin licenses in Hong Kong, Singapore and Luxembourg, as before reported By crypto.News, remains uncertain.

On June 12, a company spokesperson confirmed This international arm of the ant plans to obtain a license from Stablecoin transmitter in Hong Kong after the City’s stable ordinance entered into force in August 2025.

According to the new law, all the entities intended to issue stablecoins set at the Hong Kong dollars or to operate in the region must obtain a license from the Hong Kong monetary authority.