🚨 Jack Ma linked Yunfeng Financial Buys 10,000 $ETH ($44 Million 🤑) 🚨
Big news out of Hong Kong 👀
What happened?
Yunfeng Financial Group — a Hong Kong–listed company with direct ties to Alibaba founder Jack Ma — just revealed it bought 10,000 ETH (~$44M) using internal cash reserves.
Why this is HUGE:
🏦 Institutional adoption from Asia → Not a small VC. This is a public financial group tied to one of the most powerful business figures in the world.
🌐 Strategic Web3 push → ETH is part of their expansion into frontier areas like Web3 + Real World Asset (RWA) tokenization.
📈 Validation of Ethereum → Reinforces ETH as the backbone for smart contracts, DeFi, and tokenized assets.
💰 Balance sheet diversification → They said ETH reduces reliance on traditional currencies.
🌊 Possible domino effect → Other Hong Kong & mainland institutions may follow.
Why it matters for ETH:
Sure, $44M is direct buy pressure — 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 — with plans to buy over $1B in ETH + Solana ($SOL ).
The question is:
👉 Are you selling, holding, or buying more before the next ATH?
