đš Jack Ma linked Yunfeng Financial Buys 10,000 $ETH ($44 Million đ€) đš
Big news out of Hong Kong đ
What happened?
Yunfeng Financial Group â a Hong Kongâlisted company with direct ties to Alibaba founder Jack Ma â just revealed it bought 10,000 ETH (~$44M) using internal cash reserves.
Why this is HUGE:
đŠ Institutional adoption from Asia â Not a small VC. This is a public financial group tied to one of the most powerful business figures in the world.
đ Strategic Web3 push â ETH is part of their expansion into frontier areas like Web3 + Real World Asset (RWA) tokenization.
đ Validation of Ethereum â Reinforces ETH as the backbone for smart contracts, DeFi, and tokenized assets.
đ° Balance sheet diversification â They said ETH reduces reliance on traditional currencies.
đ Possible domino effect â Other Hong Kong & mainland institutions may follow.
Why it matters for ETH:
Sure, $44M is direct buy pressure â but the real story is narrative: Ethereum as the infrastructure for tokenized real estate, commodities, and the future of finance.
This comes right after Du Jun (co-founder of abcde) said Chinese institutions were late to the game but are now copying the MicroStrategy model â with plans to buy over $1B in ETH + Solana ($SOL ).
The question is:
đ Are you selling, holding, or buying more before the next ATH?
