Walkers advises Ant Digital Technologies on cross-border tokenised transaction

This transaction, denominated in CNY, involves the laws of four major jurisdictions, highlighting the complexity and global reach of the deal.

The Walkers team comprised experts from various practice groups, ensuring comprehensive support across all facets of the transaction. The team was led by partners Kristen Kwok (Finance), Natalie Curtis (Regulatory & Risk Advisory), and Ally Lam (Investment Funds & Corporate). 

Kristen Kwok commented: “It has been a privilege to work collaboratively with Ant Digital, its advisers and across various teams within Walkers on this first cross-border RWA financing completed in Hong Kong by a mainland enterprise. Congratulations to all parties involved on this landmark transaction!”

Natalie Curtis added: “This transaction highlights the evolving regulatory landscape in respect of tokenised financing and reinforces our commitment to navigating these developments to support our clients in the fintech space.”

Ally Lam remarked: “We are delighted to witness the growth and milestones of Ant Digital Technologies. This groundbreaking deal exemplifies the importance of corporate innovation in driving the future of financial services.”

Also advising were counsel Jason Hung (Regulatory & Risk Advisory) and senior associates Helena Chu (Finance) and Simone Burnett Lanauze (Regulatory & Risk Advisory).

This transaction underscores Ant Digital Technologies’ position as a pioneering force in the blockchain and technology sectors, facilitating new avenues for financing and investment.

Walkers' Hong Kong office has a leading cross-practice debt capital markets, fintech, regulatory, corporate and investment funds team who are at the cutting edge of innovative financial services products, including securitisation vehicles, crypto and virtual asset funds and tokenisation. Our team in Hong Kong works seamlessly with colleagues in the Cayman Islands, Ireland, Bermuda, BVI, Guernsey, Jersey and our other three offices, making us well-placed to advise clients on novel projects such as this.