Major earthquake in the crypto world! On September 2, Hong Kong listed company Yunfeng Financial suddenly announced that it had passed a board resolution—officially making a large purchase of ETH as a reserve asset in the open market! Even more explosive is that as of the announcement date, the company has accumulated a purchase of 10,000 ETH, with a total investment amount reaching 44 million dollars, all funds sourced from the group’s internal cash reserves!
And behind this lies a name that has set the market ablaze: Jack Ma!
According to disclosures from BlockBeats and estimates of the publicly available equity structure, Jack Ma indirectly holds about 11.15% of Yunfeng Financial's shares through Yunfeng Fund and actually controls key entities such as Yunfeng Innovation. Despite the multi-layered nested equity structure and possible fluctuations in proportion, there is no doubt—this is the first public, compliant, large-scale entry of Jack Ma's capital into the cryptocurrency market, especially choosing Ethereum as the asset allocation target!
This is not an ordinary company buying coins; this is a signal, a trend, and a prelude to an impending 'institutional FOMO' sweeping the East Asian capital circle! We remember how MicroStrategy's Bitcoin purchases drove the last bull market, and today, this move by Jack Ma's camp is likely to become a new ignition point for Ethereum and the entire Altcoin market!
Why now? Why ETH?
Compliance First: Yunfeng Financial is a listed company on the Hong Kong main board. This purchase is legal and compliant, with ETH designated as an investment asset;
Big Names on Stage: Although Jack Ma has retired, his capital layout has always had forward-looking significance;
Awakening of Asian Institutions: Previously dominated by US institutions, this time Asian giants are entering the market, which will greatly stimulate capital flows from Japan, South Korea, Singapore, etc.;
ETH Ecosystem Explosion: Staking rewards, ETF expectations, Layer 2 maturity... Ethereum is entering a historical window for value reassessment.
Iron Eagle decisively judges here:
This is not just a financial investment by the company, but a key move for Jack Ma's transition towards a Web3 strategy! It is very likely to be accompanied by more ecological layouts, fund investments, and even collaborations with compliant exchanges!
Hold on tight to your ETH, hold on to valuable coins, don't get left behind before the launch! Follow me, keep up with the giants' movements; we are not just trading coins—we are laying out the future!
#上市公司囤币潮
Is the market competition too brutal? Say goodbye to going solo! Iron Eagle's top think tank only takes on ambitious madmen!
$ETH
