Ant Digital Technologies, the blockchain arm of Alibaba’s fintech affiliate Ant Group, has expanded the registered capital for two subsidiaries, as the Chinese conglomerate continues its blockchain drive.

The fintech giant has confirmed with The Block that Ant Blockchain Technology (Shanghai) Co. has recently amended its business registration with Chinese authorities, expanding its registered capital to 1.5 billion yuan ($206.4 million) from 100 million yuan.

Founded in December 2018, the blockchain unit is registered to operate in businesses including software development, hardware retail and information technology services.

Ant Chain (Shanghai) Digital Technology Co. — another subsidiary of Ant Digital Technologies — also previously increased its registered capital to 2.1 billion …