Ang Ant Group ay Umalis sa Volatile Crypto Sector, Nag-withdraw Mula sa $100 Million Fund
crypto Ang Ant Group ay Umalis sa Volatile Crypto Sector, Nag-withdraw Mula sa $100 Million Fund 10 minuto ang nakalipas Balita ng Ethereum ng Bitcoin In a recent turn of events, Ant Group, a Chinese financial technology giant, reportedly decided to divest its $100 million investment in A&T Capital, signaling a retreat from the volatile crypto sector. These reports come a few months after the resignation of A&T founding partner Yu Jun, who was later investigated for his workplace misconduct while serving as an executive at A&T Capital. Ant Group to Retreat From A&T Capital A&T Capital was founded in 2021 and has since been a top player in crypto markets, investing in startups such as digital asset lender Matrixport and Ethereum software maker ConsenSys. Founded by Alibaba owner and Chinese businessman Jack Ma, Ant Group is allegedly retreating from the $100 million fund when the crypto venture funding landscape is experiencing a sharp downturn. Data indicates that crypto startup funding slid to its lowest since 2020 in the second quarter. These emerging reports leave A&T Capital‘s future uncertain as it’s yet to be established whether it will need a new investor or can continue operations. Based on reports, as of Sept. 18, A&T Capitals website had a timed-out









