https://www.cnbc.com/2018/06/08/jack-mas-ant-financial-will-use-some-of-the-14-billion-it-just-raised-to-boost-blockchain-development.html

Ant Financial, a subsidiary of Jack Ma's e-commerce giant Alibaba, is using some of the $14 billion treasure chest it just raised to invest in blockchain.

Ant Financial owns and operates China's largest online and mobile payments network Alipay. The company was carved out from Alibaba Group seven years ago, and is now worth a reported $150 billion after closing one of the biggest capital raises on record.