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ANT.FUN has announced the completion of its acquisition of the centralized wallet and payment product WhalePay.

2 days ago

On October 28th, ANT.FUN announced that it had completed the acquisition of the centralized wallet and payment product WhalePay on October 30th. WhalePay is a wallet application developed by a well-known team and invested in by the renowned Chinese internet finance influencer Jiangnan Fenqing. It has an LTV of more than one billion dollars, has successfully issued hundreds of thousands of U Cards, received multi-million-dollar investments from former executives of the MEXC exchange, and integrated relevant APIs for transactions. After ANT.FUN fully acquired WhalePay, the two parties will integrate their technical teams, restructure WhalePay's existing products, optimize the wallet's user friendliness and stability, focus on iterating on financial management, payment, and asset management functions, support the x402 protocol, and mutually integrate and complement each other's functions on the business end. Through this acquisition, ANT.FUN will enhance its capabilities in asset management and financial management and gain access to the traffic and business resources of WhalePay's original shareholders.
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