Sep 02, 2025
Jack Ma-Linked Yunfeng Stashes $44M in Ethereum for Web3 Push
TLDR: Yunfeng Financial Group purchased 10,000 ETH worth $44M from internal cash reserves. The Ethereum investment supports Web3 growth, RWA tokenization, and client financial autonomy. ETH inclusion allows Yunfeng to explore new models in insurance and digital asset innovation. Company will monitor market and regulatory changes to adjust strategic reserve assets as needed. Yunfeng Financial [...]
The post Jack Ma-Linked Yunfeng Stashes $44M in Ethereum for Web3 Push appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 hour ago
The Fusaka Upgrade Is Capping Ethereum’s Biggest Transactions: Here’s Why
- 1 hour ago
Analyst Sounds Alarm: Ethereum Could Unwind To $2,850
- 1 hour ago
30,000,000 XRP Bought by Whales in Just One Day: What’s Coming Next?
- 2 hours ago
Crypto Builder Echo Gets Scooped Up by Coinbase for $375M Expansion Move
- 2 hours ago
Fed’s “Skinny Master Account” Plan Could Redefine Crypto’s Banking Future