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Yunfeng Financial Plans to Include BTC, SOL, and Others in Company's Strategic Reserve Assets Besides ETH

Summary: According to reports, Yunfeng Financial has previously accumulated 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 Financial stated that the purchased ETH will be classified as investment assets in financial statements, and they plan to continue increasing their investment ...

According to reports, Yunfeng Financial has previously accumulated 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 Financial stated that the purchased ETH will be classified as investment assets in financial statements, and they plan to continue increasing their investment in digital assets. In addition to Ethereum, they also plan to explore diversifying their strategic reserve assets to include mainstream digital assets such as Bitcoin (BTC), Solana (SOL), and others. (Caixin)

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