Ethereum News Today: Jack Ma-Linked Firm Stacks $44M in ETH as Hedge Against a Shifting Financial Future

Yunfeng Financial Group, a Hong Kong-listed financial technology firm with connections to Alibaba founder Jack Ma, disclosed on Tuesday a $44 million acquisition of 10,000 ETH, signaling its strategic move into Web3, real-world assets (RWA), digital currencies, and artificial intelligence. The purchase, funded from internal cash reserves, will be classified as an investment asset on the company’s balance sheet. Yunfeng stated that Ethereum’s inclusion in its strategic reserves aligns with its broader expansion into frontier technologies and supports tokenization activities for RWAs and decentralized finance applications [1]. The company emphasized that the move aims to diversify its asset base and reduce dependence on traditional fiat currencies, while also exploring Ethereum’s potential in its insurance operations [2].

The acquisition has already had a tangible impact on Yunfeng’s stock performance. Shares of the firm closed 9.55% higher at 3.67 Hong Kong dollars (47 U.S. cents) on Tuesday, reflecting institutional investor confidence in the company’s forward-looking strategy [3]. Analysts have noted that while cryptocurrency remains volatile, long-term accumulation by firms like Yunfeng suggests a growing institutional acceptance of Ethereum as a strategic reserve asset. The Hong Kong Stock Exchange and the local securities regulator have also distanced themselves from the contents of the filing, reiterating that they take no responsibility for its accuracy [2].

Yunfeng’s entry into the corporate ether reserve space has added to a growing trend among structured entities. According to Strategic ETH Reserve (SER) data, corporate and institutional Ethereum holdings now stand at 4.44 million ETH, valued at approximately $19 billion—representing 3.67% of the total Ethereum supply [2]. Bitmine Immersion Tech is the largest single holder, controlling 1.8 million ETH valued at roughly $7.7 billion, which accounts for more than 40% of all SER reserves. Other major entities include SharpLink Gaming, The Ether Machine, and the Ethereum Foundation [2]. The Ether Machine recently raised $654 million in ETH to build a large treasury ahead of a planned Nasdaq listing, while Bitmine Immersion Technologies has expanded its holdings to nearly 1.87 million ETH, valued at around $8.1 billion [1].

Yunfeng’s decision to allocate ETH as a reserve asset underscores its confidence in the Ethereum ecosystem’s role in supporting financial innovation and RWA tokenization. The company also highlighted that Ethereum’s infrastructure could facilitate new business models in decentralized finance and fintech. However, the board cautioned shareholders about the inherent volatility in the crypto market and advised prudence in trading the company’s stock [2]. Yunfeng has committed to monitoring regulatory developments and market dynamics closely before making further moves in the crypto space [2].

The broader trend of institutional and corporate Ethereum accumulation appears to reflect a strategic repositioning across multiple sectors, with firms increasingly viewing the cryptocurrency as a hedge and a foundational component of their technology-driven financial strategies. Yunfeng’s acquisition not only reinforces this trend but also highlights the growing integration of blockchain infrastructure into mainstream financial operations. As more structured entities allocate significant portions of their balance sheets to Ethereum, the market may see increased resilience and institutional legitimacy for the second-largest cryptocurrency.

Source: [1] Jack Ma-linked Yunfeng Financial acquires $44M of ETH ... (https://cointelegraph.com/news/yunfeng-financial-10000-eth-web3-expansion) [2] Jack Ma-Linked Yunfeng Buys 10000 ETH for $44M (https://finance.yahoo.com/news/jack-ma-linked-yunfeng-buys-172820741.html) [3] Jack Ma-Linked Yunfeng Financial (0376) Buys $44M of ETH (https://www.coindesk.com/business/2025/09/02/jack-ma-linked-yunfeng-financial-to-build-ether-treasury-starting-with-usd44m-eth-purchase)