Yunfeng Financial Buys $44M in ETH for Web3 Expansion

• Yunfeng Financial Group purchased 10,000 ETH, valued at $44 million, to expand blockchain and Web3 initiatives.
• Ethereum will support tokenized assets, DeFi strategies, and portfolio diversification goals.

On September 2, 2025, Hong Kong-listed Yunfeng Financial Group, associated with Alibaba founder Jack Ma, purchased 10,000 Ether (ETH) for roughly $44 million, as reported by Cointelegraph. The acquisition, funded through internal cash reserves, signals a strategic move into blockchain technology and decentralized finance (DeFi).

Yunfeng Financial stated that the ETH purchase would serve as a strategic reserve asset, aligning with its plans to enter tokenized real-world assets (RWA) and decentralized ecosystems. The company’s leadership highlighted Ethereum’s role in enabling essential infrastructure for RWA tokenization, emphasizing the need to diversify away from traditional fiat currency holdings.

The group plans to classify the ETH holdings as an investment asset on its balance sheet, underscoring its commitment to blockchain-driven innovation. By integrating Ethereum into its operations, Yunfeng Financial is positioning itself to leverage the increasing adoption of blockchain technology for financial services and asset tokenization.

This move comes amid heightened institutional interest in Ethereum. On the same day, The Ether Machine announced raising $654 million in private financing to acquire 150,000 ETH, bringing its total holdings to over 345,000 ETH. Similarly, BitMine Immersion Technologies expanded its ETH treasury to 1.87 million ETH, valued at approximately $8.1 billion, with plans to hold 5% of Ethereum’s circulating supply.

As of September 2, 2025, 15:09 UTC, Ethereum (ETH) is trading at $4,329.43, showing a 1.41% decline in the past 24 hours, according to CoinMarketCap. Trading volume for Ethereum has surged 20.34% in the same period, reflecting ongoing robust market activity.