Ant Group Introduces New Blockchain Brand for Web3 Developers

Ant Group, the owner of the world’s largest mobile payment platform Alipay, has introduced a new sub-brand called ZAN. This brand is set to concentrate on blockchain development and services tailored for both institutional and individual Web3 developers.

In a press release issued on September 8, the company outlined a wide range of technical products and services that ZAN will provide to its clients. These offerings begin with a solution designed to assist Web3 companies in issuing and managing real-world assets (RWAs) while adhering to local regulatory standards. Additionally, ZAN will provide various technical products, including electronic Know Your Customer (KYC), Anti-Money Laundering measures, and Know Your Transaction checks for the Web3 space.