Ant financial is not available in crypto currency trade due to
following reasons:
- Ant Financial is one of the largest tech finance corporation in
the world. Its business lines are electronic payments, billing
processing and banking. Shares of this company is listed in
NYSE.
- Cryptocurrency trading is highly price volatility. So that it
is very difficult for the stakeholders to estimate the values of
assets. Inherent value of securities also affect the market
negatively.
- As Ant Financial is a china based organisation, cryptocurrency
trading is not legally authorized there. So that it will be risky
for the corporation to trade without cross border agreement
signed.
- There is no reverse payment gateway in cryptocurrency
investment. Once payment is done to some other party there is no
other way to get it back.
- Apart from it there is huge swings in the market price for
crypto currency, as a result there is chance of loss for
institutional investors regarding their investment portfolio.
- Bitcoins might leads to heavy out of pocket expenses for the
corporations. Hence net profit margin will be reduced and the
organisation will not be able to meet their short term debt
obligations.
Thus these are the major reasons for which Ant Financial is not
present in cryptocurrency investment activity.
All the best for your exam! Thank you!