Ant Group Successfully Landed on STAR Market to Raise 48 Billion Yuan

[ChainDD report] September 19 (ChainDD) On September 18, the Listing Committee of the Shanghai Stock Exchange's STAR Market issued an announcement stating that Ant Group's listing application was officially approved to raise 48 billion yuan.

As of July 31, 2020, Ant Group has 583 registered blockchain technology patents, 303 approved patent applications and 5317 pending patent applications. According to IPR Daily and the patent database IncoPat, in 2017, 2018, 2019 and the six months ended June 30, 2020, Ant Group ranked first in the number of patent applications related to blockchain.

According to a market survey of China Patent Protection Association in 2020, in 2016, 2017, 2018 and 2019, Ant Group also ranked first in the number of granted blockchain patents.

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