Jack Ma's Web3 ambitions unveiled! Yunfeng Financial heavily buys ETH, analyzes investment in public chains and stablecoin license layout.

In just two days, Yunfeng Financial has made a series of major announcements: first, it reached a strategic cooperation with Ant Group to invest in the high-performance public chain Pharos, and then it announced that it has accumulated 10,000 Ethereum (ETH) in the open market, with a total value of approximately 44 million USD, and will include it in the company's reserve assets. This series of actions not only reveals Jack Ma's deep layout in the Web3 field, but also brings new imaginative space for RWA tokenization, public chain competition, and the stablecoin market.

Yunfeng Financial Increases Investment in ETH: A Leap from Fintech to On-chain Assets

Yunfeng Financial was founded by Jack Ma and Yu Feng in 2010, and has been deeply engaged in the fields of securities, asset management, insurance, and financial technology for a long time. It holds Hong Kong Securities and Futures Commission licenses 1, 4, and 9, as well as qualifications for insurance business.

In July this year, Yunfeng Financial has clearly identified Web3, RWA tokenization, digital currency, ESG zero-carbon assets, and artificial intelligence as strategic priorities. The recent purchase of ETH is a continuation of this strategy.

The company stated that holding ETH helps diversify assets, reduce reliance on fiat currencies, and explore the applications of Ethereum in insurance and decentralized finance (DeFi) scenarios. As the price of ETH continues to rise due to expectations of interest rate cuts and institutional funding, Cloud Summit Financial's accumulation actions are seen as a bet on its long-term value.

Ant Financial: Full-scale advancement from blockchain standards to stablecoin licenses

Since Ant Group started independent operations in 2024, it has made several breakthroughs in the blockchain and digital asset fields:

  1. Participate in the Hong Kong Monetary Authority's Ensemble sandbox to promote tokenization and CBDC pilot.

  2. Complete the first domestic cross-border financing case for new energy RWA.

  3. Release a virtual machine compatible with Ethereum, DTVM;

  4. Initiate the application for the Hong Kong stablecoin license;

  5. Launch of the institutional-grade Layer 2 blockchain Jovay;

  6. Collaborate with Guotai Junan International to issue structured products across chains.

These layouts show that Ant Group is comprehensively entering the Web3 and RWA tracks from technological research and development, compliance qualifications to ecological applications. This cooperation with Yunfeng Financial will combine the advantages of both parties in traditional finance and blockchain technology, opening up greater market space for institutional-level applications.

Pharos Public Chain: Targeting High-Performance Infrastructure for RWA and Payments

Pharos public chain was founded by core members of the former Ant Group blockchain team, EVM compatible and focused on institutional-grade RWA and decentralized finance needs. Its "Deep Parallel" architecture aims to break through the performance bottlenecks of traditional chains, achieving millisecond-level settlement and low-cost payments.

Since its establishment in 2024, Pharos has launched a testnet, introduced the RWA protocol Spout, and collaborated with the decentralized wallet Bitverse to develop a perpetual contract trading platform.

In the context of full-scale competition in the public chain, Pharos enters the market with a modular architecture and an institution-oriented positioning, supported strategically by Cloud Summit Finance and Ant Group's digital technology, and is expected to become an important bridge connecting traditional finance and on-chain assets.

Significance of Cooperation: Deep Integration of Traditional Finance and Web3

The financial license and capital strength of Yunfeng Financial, combined with the blockchain technology and compliance experience of Ant Group, will accelerate the tokenization of RWA, the application of stablecoins, and the implementation of the public chain ecosystem.

For Yunfeng Financial, this is an accelerator for entering Web3; for Ant Group, it is a shortcut to accessing institutional-level markets.

As the RWA market size is expected to exceed tens of trillions of dollars, the cooperation between the two parties is not only a combination of capital and technology, but may also occupy a place in the future global digital financial landscape.

Conclusion

From buying ETH to investing in public chains and stablecoin licenses, Jack Ma is constructing a Web3 landscape covering asset reserves, infrastructure, and application ecology through Yunfeng Financial and Ant Digital Technology's multiple layouts. This is not only a bet on the long-term value of the crypto market but also a preemptive positioning in the future fintech landscape. For investors, this combination of "traditional finance + Web3" may become an important benchmark for the future digital asset market.

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