Yunfeng Financial Acquires $44M in Ethereum to Drive Web3 Expansion

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, ...