Yunfeng Financial Acquires $44M in Ethereum to Drive Web3 Expansion

Yunfeng Financial Acquires $44M in Ethereum to Drive Web3 Expansion

Yunfeng Financial Group Limited, a publicly listed Hong Kong financial technology firm affiliated with Alibaba co‑founder Jack Ma, has executed a strategic acquisition of Ethereum (ETH) to bolster its foray into Web3, real‑world asset (RWA) tokenization, and next‑generation financial services. In a voluntary announcement issued on September 2, 2025, the company declared that it has procured 10,000 ETH, equivalent to approximately US $44 milli...

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