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Alipay, China's largest payment platform with over 1 billion users, has begun displaying advertisements for cryptocurrency funds on its homepage. These advertisements promote investments in Ark Invest ETFs, including the ARK 21Shares Bitcoin Spot ETF, and Coinbase stock through QDII-FOF-LOF. Users can reportedly invest up to 1k RMB (~150 USD) in an RMB fund with crypto exposure. This move marks a notable development in cryptocurrency adoption within China, a country known for its restrictive stance on digital assets.
UPDATE: CHINA'S LARGEST PAYMENT PLATFORM WITH OVER 1 BILLION USERS ALIPAY, DISPLAYS ADS OF $BTC SPOT ETFS, PROMOTING CLAIMS OF CRYPTO INVESTMENTS LINKED TO COINBASE STOCK AND ARK 21SHARES #BITCOIN ETF
🇨🇳 NEW: $BTC ETF ads appear on Alipay, China’s largest payment app, promoting crypto investments with links to Coinbase stock and ARK 21Shares #Bitcoin ETF. https://t.co/xrN73XLwVo
ASSETERA IS BRINGING TOKENIZED U.S. STOCKS TO INVESTORS GLOBALLY Assetera is letting non-U.S. investors trade tokenized shares of Nvidia, Coinbase, and the S&P 500. The future? T-bills and stablecoins. Thanks to blockchain tech, you can now hold these tokenized trackers in… https://t.co/tmvIpUVrYU
