--- title: "YUNFENG FIN: Has accumulated the purchase of 10,000 ETH" description: "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 " type: "news" locale: "en" url: "https://longbridge.com/en/news/255617742.md" published_at: "2025-09-02T12:11:02.000Z" --- # YUNFENG FIN: Has accumulated the purchase of 10,000 ETH > 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 According to the Zhitong Finance APP, YUNFENG FIN (00376) announced that the board of directors has approved the purchase of ETH as a reserve asset in the open market. As of the date of this announcement, the group has cumulatively purchased 10,000 ETH in the open market, with a total investment cost (including fees and expenses) of USD 44 million. The funds for this purchase come from the group's internal cash reserves, and the purchased ETH is classified as investment assets in the group's financial statements. The group will continue to closely monitor market developments, regulatory environments, and the company's financial condition, adjusting the scale of reserve assets as appropriate. The board believes that incorporating ETH into the company's strategic reserve assets aligns with the group's layout in cutting-edge fields such as Web3 and can provide critical infrastructure support for real-world asset (RWA) tokenization activities. This initiative will also promote the group's technological innovation in the Web3 field, achieving a comprehensive organic integration of finance and technology for customers, effectively enhancing customer service experience and financial autonomy. On the other hand, the company will explore potential application models of ETH in the group's insurance business and innovative business scenarios compatible with Web3. In addition, using ETH as a reserve asset can optimize the asset structure and reduce reliance on traditional currencies ### Related Stocks - [00376.HK - YUNFENG FIN](https://longbridge.com/en/quote/00376.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | YF Life,雲鋒金融的子公司,獲得了穆迪的 A3 評級 | 雲鋒金融集團有限公司宣佈,其子公司 YF 人壽保險國際有限公司首次獲得穆迪的 A3 保險財務實力評級,展望穩定。該評級突顯了 YF 人壽的財務實力和信用 worthiness,可能增強市場信心。然而,公司指出,該評級僅供參考,並不構成投資建 | [Link](https://longbridge.com/en/news/273976337.md) | | 以太坊(ETH)價格無法保持在 2000 美元以上——在好轉之前,情況可能會進一步惡化 | 以太坊(ETH)已經將 2000 美元的支撐位轉變為阻力位,並且多次嘗試突破失敗。MVRV 比率表明長期價值,但前提是以太坊的需求恢復 | [Link](https://longbridge.com/en/news/276135766.md) | | Indiqube Spaces 表示,發起人集團可能會從公開市場購買股票 | Indiqube Spaces Ltd:INDIQUBE SPACES LTD - 促銷集團可能從公開市場購買股票 | [Link](https://longbridge.com/en/news/276043643.md) | | 以太坊 ETF 的資金流入和流出對 ETH 價格的真正影響是什麼 | 以太坊現貨 ETF 的資金流動代表了真實的 ETH 買賣,因為基金在資金流入時必須購買 ETH,而在資金流出時可能會出售 ETH,這直接影響 | [Link](https://longbridge.com/en/news/276005460.md) | | 以太坊供應量降至 2017 年以來的低點——這兩個指標顯示需求緊縮 | 以太坊的交易所供應量減少,因為持有者更傾向於長期持有,隨着代幣解鎖的結束,質押的 ETH 達到了創紀錄的 3725 萬,表明市場供應減少。交易所儲備降至 1618 萬 ETH,暗示投資者正在撤回資產。然而,需求依然疲軟,淨流入量波動顯著,在 | [Link](https://longbridge.com/en/news/276067690.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.