Core Viewpoint - Ant Group is preparing to re-enter the digital assets market by applying for trademarks related to virtual assets, stablecoins, and blockchain technologies, including "ANTCOIN" in Hong Kong [1][2]. Group 1: Trademark Applications - Ant Group has filed applications with Hong Kong's Intellectual Property Department for the ANTCOIN mark, covering a wide range of financial and digital asset services, including online payments, electronic wallets, foreign exchange, and stablecoin issuance [2]. - The trademark application is currently pending approval from the registry [2]. Group 2: Strategic Implications - The decision to file for trademarks is seen as a strategic move to protect Ant Group's interests in Hong Kong's growing virtual asset sector, according to legal experts [3]. - Despite recent regulatory challenges from Beijing that have stalled Ant Group's stablecoin initiatives, securing intellectual property rights is crucial for defending its brand [4]. Group 3: Market Risks - The stablecoin market poses risks, including the presence of unauthorized or fraudulent tokens that can mislead users, which is a concern for companies like Ant Group looking to operate in this space [5][6]. - Trademark protection is emphasized as an essential part of risk management for stablecoin players [6]. Group 4: Company Background - Ant Group, co-founded by Jack Ma, has been progressively integrating blockchain and digital asset infrastructure into its broader financial technology strategy [7].