A person familiar with the matter revealed that the Chinese fintech giant Ant Group plans to withdraw investment in AT Capital. The investment mechanism of this $ 100 million (about 136 million yuan) is the key to betting on digital assets.
According to the Bloomberg Society Monday (September 18), people familiar with the matter who required anonymous because of the failure of the incident said it is unclear whether AT will continue to run or find new investors.Show out after the afternoon.
A few months ago, AT's founding partner Yu Yan resigned, and the company began to investigate its behavior in the workplace.Yu Yan was an Ant executive to help this fintech group supported by Ma Yun founded AT to invest in overseas cryptocurrency projects.
A spokesperson for Ant Group and Yu Yan responded to the request of comment.One representative of AT did not respond to a request to seek comments.
