Jack Ma's Yunfeng Financial is investing $44 million in the acquisition of ETH, fully launching its Web3 layout.

Hong Kong-listed fintech group Yunfeng Financial announced that it has acquired 10,000 Ethereum (ETH) in the open market, with a total value of approximately 44 million USD, and will list it as a strategic reserve asset for the company. This move not only marks the group's acceleration into the fields of Web3, real-world assets (RWA), and Decentralized Finance (DeFi), but also has generated significant market attention due to its deep ties with Alibaba founder Jack Ma.

Background of Jack Ma's Indirect Shareholding and Yunfeng Financial's Positioning

According to public information, Jack Ma indirectly holds about 11.15% of the shares of Yunfeng Financial through Yunfeng Fund, and has a significant shareholding percentage in its holding companies and related entities. Yunfeng Financial is a financial technology group headquartered in Hong Kong, with operations covering brokerage, asset management, insurance, and financial technology solutions, and has been actively expanding into the digital asset and Web3 fields in recent years.

The Significance of ETH as a Strategic Reserve Asset

Yunfeng Financial pointed out in the announcement that the acquisition of 10,000 ETH will be listed as investment assets in the group's financial statements, with funding sourced from internal cash reserves. The board believes that incorporating ETH into strategic reserves not only helps diversify assets and reduce reliance on traditional fiat currencies but also provides critical support for RWA tokenization, technological innovation, and the integration of Web3 infrastructure.

In addition, the company plans to explore the application of Ethereum in the insurance business and decentralized finance scenarios, further expanding the commercialization of digital assets.

Deep Layout of Web3 and RWA

Earlier, Yunfeng Fund had released a strategic statement, clearly indicating its entry into cutting-edge fields such as Web3.0, RWA, digital currency, and artificial intelligence (AI). This large-scale acquisition of ETH is seen as an important step in implementing that strategy.

Analysts point out that with the growing demand for RWA tokenization in the global financial markets, holding a large amount of ETH can not only serve as a foundation for technology and liquidity but also provide underlying support for applications such as cross-border settlement and asset on-chain.

Global ETH Reserve Competition Heats Up

(Source: StrategicETHReserve)

The actions of Yunfeng Financial come at a time when global institutions are accelerating the establishment of ETH reserves. The Ether Machine in the United States recently completed a $654 million financing round and obtained 150,000 ETH from long-term Ethereum supporter Jeffrey Berns, planning to expand its holdings to 495,000 ETH before going public on NASDAQ.

This ETH reserve competition shows that more and more traditional financial and technology giants are viewing Ethereum as a strategic asset, laying the foundation for the future Web3 economy.

Conclusion

Jack Ma's Yunfeng Financial makes a bold move with a $44 million acquisition of ETH, not only as an asset allocation adjustment but also as a key step in its Web3 and RWA strategy. As Ethereum's position in global financial infrastructure continues to rise, this investment could bring long-term strategic advantages to Yunfeng Financial. The market will closely follow how the group deeply integrates ETH with its fintech business and seizes opportunities in the Web3 wave.