Ant Blockchain technology increases registered capital

According to Odaily, Ant Blockchain Technology (Shanghai) Co., Ltd. recently experienced a business change, increasing its registered capital from CNY 100 million to CNY 1.5 billion. The company, founded in December 2018, is legally represented by Lin Yifei. Its business scope includes software development, Internet data services, information system operation and maintenance services, retail trade of computer software, hardware and ancillary equipment, and IT consulting services. It is wholly owned by Ant Chain (Shanghai) Digital Technology Co., Ltd.

It is worth noting that Ant Chain (Shanghai) Digital Technology Co., Ltd. It recently increased its registered capital from CNY 100 million to CNY 2.107 billion. This significant increase in registered capital for both companies indicates a strong financial position and potential for future growth and expansion.