Jack Ma’s Yunfeng Financial Adds $44M in Ethereum to Reserves

The Hong Kong-based firm backed by Alibaba founder Jack Ma confirmed that the Ethereum acquisition was carried out on the open market and financed entirely with its internal cash ￰0￱ doing so Yunfeng is not only strengthening its balance sheet with Ethereum as a strategic reserve asset but also signaling confidence in the long-term role of crypto within global ￰1￱ Ma

best known as the co-founder and former executive chairman of Alibaba Group is one of China’s most influential ￰2￱ investments have consistently focused on innovation particularly in technology finance

and digital ￰3￱ Yunfeng Financial Ma has been expanding into frontier sectors such as Web3 tokenized real-world assets ESG-focused investments

and artificial ￰4￱ decision to add Ethereum reflects Yunfeng’s belief that digital currencies will play a central role in the future of financial ￰5￱ move is also seen as part of a broader trend where traditional finance firms are adopting cryptocurrencies as reserve assets bridging the gap between conventional markets and blockchain technology.