Thomas Daniels
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 million, funded through its internal cash reserves. These holdings will be formally recognized as investment assets on the company’s balance sheet and accounted for in its financial statements.
The board of directors emphasized that Ethereum has been designated as a strategic reserve asset to support the firm’s expansion into frontier domains such as Web3 infrastructure and RWA tokenization. This allocation is expected to enhance technological innovation, drive finance‑technology integration, and refine asset diversification by reducing reliance on traditional fiat currencies.
Moreover, Yunfeng Financial is exploring the use of Ethereum within its insurance operations and emerging decentralized finance (DeFi) business models, reflecting a proactive approach to unlocking new Web3‑compatible financial scenarios.
