AGTech Becomes Ant Financial Group’s Blockchain Solution Partner

Tags: AGTech

(Hong Kong) – AGTech Holdings Limited (“AGTech” ) established a partnership with Ant Blockchain Technology (Shanghai) Co., Ltd (a wholly-owned subsidiary of Ant Financial Group). AGTech formally became Ant Financial Group’s blockchain solution partner.

In view of the resources in the field of blockchain technology of Ant Financial Group, in addition to AGTech’s industry opportunities, the two companies will establish a combination of blockchain platform and marketing mechanism through resource sharing, and jointly expand the market and brand to achieve digital and intelligent blockchain application goals.

Based on the Ant’s platform technology, AGTech will realize and enhance on R&D and business applications of blockchain in lottery related products, providing one-stop technical services for customers and businesses. Through empowering financial services to enhance data and technology capabilities, AGTech will further promote the application of blockchain technology for the China lottery industry.

About AGTech Holdings Limited

AGTech was incorporated in Bermuda and its shares are listed on the GEM (Stock Code: 08279). AGTech is an integrated technology and services company engaged in the lottery and mobile games and entertainment market with a focus on China and selected international markets. A member of the Alibaba Group with around 400 employees, AGTech is the exclusive lottery platform of Alibaba Group and Ant Financial Group.

AGTech’s businesses are broadly divided into two categories:

Lottery (including hardware, games and systems, provision of distribution and ancillary services); and
Games and Entertainment.

AGTech is a Gold Contributor of the World Lottery Association (WLA), an associate member of the Asia Pacific Lottery Association (APLA), and an official partner of the International Mind Sports Association (IMSA).

For more information, please visit www.agtech.com.