Ant Financial, Alibaba Cloud and Caitong Securities will establish a comprehensive strategic cooperation and will officially launch blockchain and other projects.

On September 25, on the day of the opening of Hangzhou Yunqi Conference, Caitong Securities announced the joint establishment of Ant Financial and Alibaba Cloud to formally establish a comprehensive strategic partnership of financial technology to create a first-class digital eco-currency broker. With the establishment of a comprehensive strategic partnership, the above-mentioned three parties will officially launch projects such as Ali Feiyun, Security, Big Data, Smart Dual Record and Blockchain, promote the application of financial technology in the securities industry, realize the development of digital driving business, and the Internet. Promote operational change, intelligent business applications and other goals.