Yunfeng Financial de Jack Ma invests USD $ 44 million in ETH to create crypto treasury
Hong Kong’s financial firm bought 10,000 Eth in a movement that reflects the growing trend of public companies to adopt cryptocurrencies in their reserves.
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- Yunfeng Financial acquired 10,000 Eth for USD $ 44 million.
- The purchase is part of its expansion plan for web3 and digital assets.
- His actions in Hong Kong rose 9.55% after the announcement.
The financial company Yunfeng Financial Group, Based in Hong Kong, he announced the purchase of 10,000 units of Ethher (eth) For a value of USD $ 44 million, consolidating itself as the most recent public firm to adopt a cryptocurrency -based treasury strategy.
Yunfeng Financial It is the majority property of Yunfeng Capitala private capital firm founded in Shanghai in 2010 by Jack Ma, recognized co -founder of Ant Group and Alibaba. The acquisition of Eth, broadcast today, coincides with the group’s efforts to diversify their operations and expand towards emerging areas such as web3, real world assets (RWA), Digital currencies and artificial intelligence.
Context of purchase
The company indicated that the inclusion of Ether In his treasury he seeks to reduce his dependence on traditional currencies and, at the same time, support his technological plans around the web3 ecosystem. According to the statement, the decision is part of a broader project of digital innovation that had been announced in July.
This step places Yunfeng on the same route as other public companies that have recently decided to invest in large volumes of Ether. The trend reflects a strategic change inspired by the model that Michael Saylor popularized with the company Strategy (Mstr) And his mass commitment to Bitcoin (BTC).
Trend between public companies
In recent months, several signatures have chosen to include Ether In their balances. Among them are the company Sharplink Gaming (Sbet) and the Cryptocurrency Data and Mining Operator Bitmine Immersion Technologies (BMNR). Both seek to emulate the cryptocurrency accumulation strategy as a reserve asset that combines liquidity with long -term appreciation potential.
The play of Yunfeng Not only does it respond to financial diversification, but also to the intention of positioning itself in an environment where asset token, the development of decentralized applications and the adoption of artificial intelligence solutions converge as business transformation engines.
Market reaction
The announcement was positively received in the Hong Kong stock market. The actions of Yunfeng Financial, List in the local stock market under code 0376, they closed Tuesday’s day with an increase of 9.55%, reaching 3.67 Hongkonese dollars (equivalent to 47 cents of US dollar).
The rebound reflects both the interest of investors in the company’s diversification strategy and the growing perception of Ether as an asset of strategic relevance in the global financial context.
Ether as corporate active
Ether, The second largest cryptocurrency in the world after Bitcoin, has consolidated not only as an investment asset, but also as the basis of a vast technological infrastructure that supports decentralized applications, intelligent contracts and open finance protocols (Defi).
The decision of Yunfeng confirms the growing acceptance of Eth In the corporate field, as more companies explore how to integrate cryptocurrencies into their treasury strategies and in the development of new digital business models.
Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin
Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.
WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.
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