tesla1k

🚨 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? #china #ListedCompaniesAltcoinTreasury #RedSeptember