Jack Buy Link Yunfeng Financial (0376) of ETH’s $ 44M

Yunfeng financial group (0376) Join the rank of public -listed companies to adopt a approach to ether wealth, which bought 10,000 ETH for $ 44 million.
Hong Kong-based financial financial, a financial service provider such as insurance, brokerage and owner management, is a majority owned by private equity equity firm Yunfeng Capital, founded in 2010 by Jack Ma, co-established ant group and alibaba.
The purchase of eth, announced on TuesdayParts of Yunfeng’s expansion on Web3, real-world assets (Rwas)digital money and artificial intelligence (Ai), which it showed in July. Yunfeng Financial said Ether would reduce hope for traditional currency and help facilitate its technological plans on the web3.
A number of public including sports betting companies Sharpink Gaming (SBET) and crypto mining and data center operator bitmine immersion technologies (BMNR) Started Treasury’s ether approaches In recent months, buying a large volume of the second largest largest cryptocurrency in the world to emulate the Michael Saylor’s Playbook (Mstr) became famous in bitcoin .
Financial financial The shares listed in Hong Kong Closed 9.55% higher than 3.67 dollars of Hong Kong (47 US cents) on Tuesday.