Jack Ma-Linked Yunfeng Buys 10,000 ETH for $44M – Is This Hong Kong’s Big Ethereum Bet?

Yunfeng Financial Group has bought 10,000 ETH for $44M, adding Ethereum to its reserves as institutional holders have reached 4.44M ETH (~$19B). The firm has cited Web3 and RWA plans, while Japanese companies have expanded crypto treasuries this quarter.

The post Jack Ma-Linked Yunfeng Buys 10,000 ETH for $44M – Is This Hong Kong’s Big Ethereum Bet? appeared first on Cryptonews.