Yunfeng Financial Group's wholly-owned subsidiary completes RWA tokenization of FOF fund investment shares

According to Golden Finance, Yunfeng Financial Group, which Jack Ma indirectly holds shares, announced that its blockchain technology team has successfully tokenized the FOF (fund in funds) shares invested by its wholly-owned subsidiary (Real-World Asset Tokenization (RWA) and issued the first RWA project independently completed by Yunfeng Financial, further promoting the deep integration of traditional finance and blockchain technology. It is reported that the FOF fund invested by a wholly-owned subsidiary of Yunfeng Financial Group mainly focuses on alternative assets (directly or indirectly investing in the credit and real estate-related debt securities markets), issuing part of the fund's investment shares in the form of tokens can increase transparency.