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Yunfeng Financial and Ant Group Reach Cooperation, Strategically Invest in Pharos Public Chain

Summary: According to reports, Yunfeng Financial Group (HKEx) has announced a strategic cooperation agreement with Ant Group and a strategic investment in the Pharos public chain. Leveraging Ant Group's blockchain technology expertise and Yunfeng Financial's experience in traditional financial areas such as asset management, securities, and insurance, the two parties will jointly layout RWA (Real World ...

According to reports, Yunfeng Financial Group (HKEx) has announced a strategic cooperation agreement with Ant Group and a strategic investment in the Pharos public chain. Leveraging Ant Group's blockchain technology expertise and Yunfeng Financial's experience in traditional financial areas such as asset management, securities, and insurance, the two parties will jointly layout RWA (Real World Assets) tokenization and the Web3 field through the high-performance Pharos public chain platform. This collaboration aims to accelerate the integration and innovation of Web3 and traditional finance, with all parties maintaining independent third-party relationships.

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