Jack Ma becomes E Guardian, with Xiao Feng's support? A quick read on Yunfeng Financial's Web3 strategy.Written by: KarenZ, Foresight News
On September 2, 2025, the Hong Kong-listed company Yunfeng Financial Group issued an announcement: the company has utilized $44 million of its own cash reserves to cumulatively purchase 10,000 Ethereum on the open market as strategic reserve assets.
In fact, as early as July, the board of directors of Yunfeng Financial announced that the group plans to lay out in cutting-edge fields such as Web 3, real-world assets (RWA), digital currency, ESG zero-carbon assets, and artificial intelligence (AI), and will increase its investment in digital currency.
Behind this series of bold initiatives, Jack Ma and Xiao Feng have become the focus of industry attention. Jack Ma may be an indirect shareholder of Yunfeng Financial. As an independent non-executive director of Yunfeng Financial, Xiao Feng is also very likely involved in the company's strategic decision-making.
TechubNews·2025-09-03 09:43