Jack Ma Linked Yunfeng Buy 10,000 ETR for $ 44 million-Is this great bet of Hong Kong Ethereum?

Jack Ma Linked Yunfeng Buy 10,000 ETR for $ 44 million-Is this great bet of Hong Kong Ethereum?

Yunfeng Financial Group, a financial services firm that are quoted in Hong Kong with narrow links with the founder of Alibaba, Jack Ma, has bought 10,000 ETH worth approximately $ 44 million, marking one of Ethereum’s largest acquisitions for a company that lies in the stock market in Asia this year.

The purchase, revealed in a voluntary presentation on Tuesday, was completely funded from Yunfeng internal cash reserves. The company said the measure reflects its strategic expansion on web3, real world assets (RWAS), digital currencies and artificial intelligence.

ETH will be reserved as an investment in Yunfeng’s general balance and will serve as part of its reserve assets.

Ethereum corporate reserves rise to $ 19B when Yunfeng enters the market

The presentation emphasized that the acquisition is aligned with Yunfeng’s long -term strategy.

The company said that the inclusion of Ethereum in its treasure would support tokenization activities for RWAS, would provide infrastructure for web3 innovation and improve its ability to integrate financial services with emerging technology.

The group also hinted to explore possible ETH applications in their broader insurance and offers business.

Yunfeng emphasized that he would continue to monitor market developments and regulatory changes before further expanding their holdings.

The Board warned that the cryptocurrency is still very volatile and warned shareholders to exercise care when negotiating their actions.

The Hong Kong Stock Exchange and the local values ​​regulator were also distanced from the content of the presentation, pointing out that they assume “no responsibility” for their precision or integrity.

The acquisition places Yunfeng along with a growing group of corporate and institutional entities that treat ETH as a strategic reserve.

According to the ETH Strategic (SER) reserve data, the structured entities are now 4.44 million ETH valued at around $ 19 billion, which represents 3.67% of the total supply of Ethereum.

The largest single headline is Bitmine Immersion Tech, which controls 1.8 million ETH value for approximately $ 7.7 billion, which represents more than 40% of all reserves of being.

Other important entities include Sharplink games with 797,700 ETH ($ 3.4 billion), the Ether machine with 345,400 ETH ($ 1.5 billion) and the Ethereum Foundation with 231,600 ETH ($ 1 billion).

Coinbase also maintains 136,800 ETH ($ 588 million), largely linked to customer balances and rethinking operations.

Analysts warn that sustained reimbursements could temporarily weigh prices, even as the long -term accumulation of corporations such as Yunfeng suggests increasing confidence in Ethereum as an institutional degree asset.

The reservation concentration also remains a key market factor. Bitmine and Sharplink together represent more than 58% of all ETH in the hands of the entities of being, asking questions about the risks of liquidity if these main players adjust their positions.

Even so, the growing role of regulated companies, ETFs and corporate treasures shows the accelerator adoption of Ethereum among institutional investors.

The $ 44 million movement of Yunfeng can be small compared to the billions of global giants, but has a symbolic weight in Hong Kong, a market that is positioned as a digital asset center.

Japan’s corporate cryptographic adoption increases with multimillionaire treasury plans

While the funds linked to Hong Kong are in the headlines with Ethereum bets, Japan is silently building one of the most aggressive corporate cryptographic adoption waves in the world.

A series of companies that are mentioned in Tokyo have begun to remodel their balances around Bitcoin and Altcoins, which shows that the cryptographic career of Asia is no longer just about retail merchants.

On August 31, the games firm based in Tokyo Gumi announced plans to buy ¥ 2.5 billion ($ 17 million) in XRP before February 2026.

The measure, approved by its Board, reflects Gumi’s ties with SBI Holdings, the closest Japanese partner of Ripple and the largest shareholder.

Gumi has also been actively buying Bitcoin, including an acquisition of $ 6.5 million earlier this year, and has even launched a BTC lottery for new shareholders.

Executives described the purchase of XRP not as speculation, but as a “strategic initiative” to expand to financial services.

Japan’s corporate thrust does not end there. The Convano Beauty Chain has presented one of the boldest Treasury plans so far, seeking to raise ¥ 434 billion ($ 3 billion) to buy 21,000 BTC, equal to 0.1% of the Bitcoin supply. Its three -phase program is aimed at 2,000 BTC by the end of 2025.

Other companies listed are also expanding their exhibition. On August 25, five Japanese companies revealed new allocations for a total of 156.79 BTC.

The prominent was Metaplenet, which added 103 BTC for $ 11.7 million, raising its reserves at 18,991 BTC, for a value of almost $ 2 billion.

The company, now among the seven corporate Bitcoin holders of the world, recently assured a place in the FTSE Japan index, which increases investor confidence despite the volatility of the shares.

Meanwhile, Remixpoint Inc. bought 41.5 BTC for $ 4.6 million, and Anap Holdings increased its shares to 1,017 BTC.

The smallest players like Agile Media Network and Def Consulting also join the trend, while Lib Work work, a 3D housing company, has committed $ 3.3 million to Bitcoin as coverage against inflation and a basis for global expansion.

These movements are aligned with Tokyo’s policy position. The Minister of Finance, Katsunobu Kato, speaking on Webx2025, called Crypto “a part of diversified investments” and promised to build an environment that supports adoption without suffocating innovation.

Japan is also preparing to deploy its first stablecoin called this autumn, directed by the Fintech JPYC firm.

The Token will go to international remittances and corporate settlements, potentially joining the growing crypto strategies of the nation.

The post Jack M Linked Yunfeng buys 10,000 ETH for $ 44 million. Is this great bet of Hong Kong? It appeared first in Cryptonews.



Leave a Reply

Your email address will not be published. Required fields are marked *