Informed sources: Ant Group plans to restructure to restart its IPO, and the blockchain business will be separated

ChainCatcher news, according to Bloomberg citing informed sources, Ant Group is planning a major restructuring to spin off its non-core financial-related businesses, including blockchain and database management services as well as international operations, in order to apply for a financial holding company license and pave the way for the company's relaunch of its initial public offering (IPO) in Hong Kong.