YUNFENG FIN: Has accumulated the purchase of 10,000 ETH

Zhitong
2025.09.02 12:11
portai
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YUNFENG FIN announced that it has cumulatively purchased 10,000 ETH in the open market, with an investment cost of 44 million USD, funded by internal cash reserves. This purchase classifies ETH as an investment asset, aligning with the group's strategic layout in areas such as Web3, and supports the tokenization of real-world assets. The group will continue to monitor market and financial conditions, adjust the scale of reserve assets as appropriate, and explore the application of ETH in insurance business. This move will optimize the asset structure and reduce reliance on traditional currencies