Yunfeng Finance: In addition to ETH, it also plans to explore the inclusion of BTC, SOL, etc. into the company's strategic reserves
Source: PANews
Time: 2025-09-05 10:54:33
PANews reported on September 5 that according to Caixin.com, Yunfeng Finance previously purchased a total of 10,000 ETH in the open market. Alibaba founder Jack Ma and Yunfeng Financial Group Chairman Yu Feng jointly founded Yunfeng Fund in 2010. Yunfeng Finance said that the ETH purchased this time will be listed as an investment asset in the financial statements, and will continue to increase the proportion of investment in digital assets in the future. In addition to Ethereum, it also plans to explore the inclusion of diversified mainstream digital assets such as Bitcoin (BTC) and Solana (SOL) into the company's strategic reserve assets.
Previously, on September 2, Yunfeng Finance disclosed that it would purchase 10,000 ETHs with a total investment cost of US$44 million.