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News Explorer — Chinese Fintech Leader Ant Group Drops Crypto to Invest in AI

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Sep 18, 2:15 pm

Protos

Chinese Fintech Leader Ant Group Drops Crypto to Invest in AI

Ant Group, the Chinese fintech giant, is selling its $100 million stake in A&T Capital, signaling its exit from the crypto market. The move comes as the company shifts its focus to AI and amid market turbulence in the crypto industry. It remains uncertain whether A&T Capital will shut down or seek new funding without its major investor.

Ant Group, the Chinese fintech giant, is selling its $100 million stake in A&T Capital, signaling its exit from the crypto market. The move comes as the company shifts its focus to AI and amid market turbulence in the crypto industry. It remains uncertain whether A&T Capital will shut down or seek new funding without its major investor.

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