Ethereum News Today: Yunfeng Financial Bets Big on Ethereum as Strategic Reserve Asset

Yunfeng Financial Group, a Hong Kong-listed firm with close ties to Alibaba founder Jack Ma, has acquired 10,000 ether (ETH) in a $44 million investment, marking one of the largest Ethereum treasury purchases by an Asian public company this year. The voluntary disclosure stated the acquisition, funded through internal cash reserves, supports Yunfeng’s broader strategy to expand into Web3, real-world assets (RWA), digital currencies, and artificial intelligence. The company emphasized that Ethereum would serve as a reserve asset, facilitating RWA tokenization and advancing technological innovation in Web3 infrastructure.

Yunfeng has categorized the ETH as an investment asset on its balance sheet, aiming to diversify its asset base and reduce reliance on traditional fiat currencies. The firm also plans to explore Ethereum’s potential in insurance operations and other decentralized finance (DeFi) applications. Yunfeng Financial, which provides services including brokerage, asset management, and insurance, is majority-owned by Yunfeng Capital, a private equity firm co-founded by Jack Ma and established in 2010. The company noted that its holding would help support broader fintech initiatives and align with its strategic direction.

The purchase places Yunfeng among a growing number of corporate entities treating Ethereum as a strategic reserve asset. According to Strategic ETH Reserve (SER) data, entities now hold approximately 4.44 million ETH, valued at around $19 billion, representing 3.67% of Ethereum’s total supply. Bitmine Immersion Technologies, one of the largest holders, controls 1.8 million ETH ($7.7 billion), while SharpLink Gaming holds 797,700 ETH ($3.4 billion). The Ether Machine, which has raised $654 million in ETH, now holds over 345,000 ETH and is set to pursue a Nasdaq listing later this year.

Yunfeng’s move reflects a trend among institutional and corporate investors to accumulate Ethereum ahead of expected technological and regulatory developments. The company warned investors of the inherent volatility of cryptocurrencies and emphasized the need for caution in trading its shares. Hong Kong's securities regulator and the Hong Kong Stock Exchange have also distanced themselves from the disclosure, underscoring that they take no responsibility for its accuracy.

The acquisition aligns with broader global strategies where companies are exploring blockchain technology for asset tokenization and infrastructure development. Yunfeng’s entry into the Ethereum treasury market is part of a larger shift in how traditional financial institutions are adapting to the evolving crypto landscape. The firm will continue to monitor market and regulatory developments before deciding on further ETH acquisitions.

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)