Jack Ma's new layout! Yunfeng Financial plans to include BTC and SOL in its strategic reserves.

Alibaba founder Jack Ma has made new moves! Yunfeng Financial announced plans to explore incorporating diversified mainstream digital assets such as Bitcoin (BTC), Solana (SOL), etc., into the company's strategic reserves after completing a strategic purchase of 10,000 Ethereum (ETH), further intensifying its layout in the Web3 and real-world asset (RWA) tokenization fields.

Cloud Summit Financial Increases Investment in Digital Assets, Upgrades Reserve Strategy

Yunfeng Financial was co-founded by Jack Ma and Yu Feng in 2010. Recently, it has accumulated a purchase of 10,000 ETH in the public market, with a total investment cost of approximately 44 million USD, funded by the group's internal cash reserves. The company stated that this batch of ETH will be included as investment assets in the financial statements and plans to continue increasing the allocation ratio of digital assets. In the future, it will explore incorporating BTC, SOL, and others into strategic reserves to optimize asset structure and reduce reliance on traditional currencies.

Strategic Cooperation to Advance Web3 and RWA

While increasing investment in digital assets, Yunfeng Financial has signed a strategic cooperation agreement with Ant Digital Technology and invested in the Layer1 public chain Pharos, which focuses on institutional-level RWA applications. Both parties will promote the tokenization of real-world assets and the integration of Web3 business, relying on Pharos' high-performance public chain under the premise of compliance, expanding innovative application scenarios such as insurance and financial autonomy.

Regulatory Environment and Market Challenges

Despite the concept of Digital Asset Treasuries (DAT) already existing in the Hong Kong stock market, industry insiders have revealed that the recognition of this model by Hong Kong regulators is still limited. Market participants may need to further lobby the regulatory authorities to create a more lenient policy environment for companies holding crypto assets. Yunfeng Financial stated that it will continue to monitor regulatory dynamics and market developments, adjusting the scale and structure of reserve assets in a timely manner.

Global ETH Reserve Competition Heats Up

The measures taken by Yunfeng Financial come amid a global wave of institutional investment in ETH. The Ether Machine recently completed a private fundraising of $654 million and plans to go public in the US later this year, at which time it will hold over 495,000 ETH. BitMine Immersion Technologies, led by Wall Street analyst Tom Lee, has also increased its ETH holdings to nearly 1.87 million, with a market value of approximately $8.1 billion.

Conclusion

The Yunfeng Financial led by Jack Ma is accelerating its digital asset strategic layout, from large reserves of ETH to exploring diversified assets such as BTC and SOL, while promoting the integrated application of Web3 and RWA. As the regulatory environment gradually clarifies, this series of actions may open a new chapter for digital asset allocation in the Hong Kong stock market. For more real-time market and on-chain data analysis, please pay attention to the official Gate platform.