Yunfeng Financial: In addition to ETH, plans to include BTC, SOL, and others in the company's strategic reserve assets.
According to Jinse Finance, as disclosed by Caixin, Yunfeng Financial has accumulated a total purchase of 10,000 ETH in the open market. Yunfeng Fund was co-founded in 2010 by Alibaba founder Jack Ma and Yunfeng Financial Group Chairman David Yu. Yunfeng Financial stated that the purchased ETH will be listed as investment assets in its financial statements, and the company will continue to increase its allocation to digital assets in the future. In addition to Ethereum, Yunfeng Financial also plans to explore including diversified mainstream digital assets such as Bitcoin (BTC) and Solana (SOL) into its strategic reserve assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperlabs core contributor address unstakes 25.4 million HYPE from the foundation node and reallocates them
NMR surges past 19 USDT, 24H increase exceeds 50%
Data: Galaxy Digital stakes 387,000 HYPE, worth approximately $18.2 million
Trending news
MoreCrypto prices
More
