A company related to Jack Ma acquires 10,000 ETH valued at 44 million dollars.

SourceCryptopolitan

2 Sept 2025 18:55

Yunfeng Financial, a Hong Kong investment company linked to Jack Ma, has just purchased 10,000 ETH for 44 million dollars to support its cryptocurrency holding project in its financial strategy. This purchase was directly financed by the company's cash reserves.

In a voluntary statement to the Hong Kong Stock Exchange, the company revealed that this purchase aligns with its cash strategy announced in July, when the board had expressed interest in Web3 technologies, tokenization of real assets, digital currencies, zero-emission ESG assets, and AI. The board reaffirmed that the acquisition of ETH supports the company's long-term goal of integrating finance and technology.

The demand for ETH is increasing as ETHZilla and Yunfeng strengthen their positions.

Yunfeng Financial mentioned that adding ETH to its reserves could help explore new financial applications such as insurance. The firm is looking to diversify its investments to reduce its reliance on traditional systems. I observed that Yunfeng purchased these 10,000 ETH on the open market for $44 million, including transaction fees.

Jack Ma's company purchased $44,000,000 worth of ETH for their strategic reserve.

Ethereum = the new gold.

— Ted (@TedPillows) September 2, 2025

The company listed in Hong Kong will continue to monitor market trends and the regulatory framework surrounding digital assets to assess the opportunity to increase its reserves. The board also highlighted several risks related to the cryptocurrency ecosystem, citing in particular the high volatility due to macroeconomic factors and regulatory changes.

The firm linked to Jack Ma noted that the integration of ETH into its financial framework could enhance the customer experience by strengthening financial autonomy and innovation. This purchase announcement follows the commitments of larger institutions in the Ethereum treasury strategy.

ETHZilla, a publicly traded American company, also announced its intention to deploy $100 million in ETH into EtherFi, a liquid staking protocol. ETHZilla's current holdings amount to 102,246 ETH, valued at $456 million. I find it particularly interesting that the company revealed this partnership with EtherFi will generate returns higher than standard staking strategies.

Ethereum gains institutional trust following strategic treasury allocations

McAndrew Rudisill, executive chairman of ETHZilla, described the initiative to deploy 100 million dollars on EtherFi as a strategic evolution in cash management. Mike Silagadze, the company's CEO, reiterated the growing institutional confidence in cash strategies on a global scale.

ETHZilla aims to simplify its financial structure with the recent cancellation of 1.3 million shares held by Elray Resources for 1 million dollars. The company confirmed via a press release that potential DeFi integrations should be expected as part of its long-term goal.

The purchase of 10,000 ETH by Yunfeng and ETHZilla's plan to deploy $100 million on EtherFi reflect how institutional demand for ETH is increasing as a reserve asset and foundation for new financial innovations. The Yunfeng model involves the acquisition of ETH in a broader plan involving Web3, tokenization, ESG, and the integration of AI. The ETHZilla model, on the other hand, represents its growing commitment to the DeFi ecosystem to increase the returns on its treasury.

Cryptopolitan recently reported that Ether Machine has also increased its holdings to 495,400 ETH today. The company has boosted its positions thanks to an individual contribution from Jeffery Barnes, a longtime supporter of the Ethereum network. 150,000 ETH have been added to Ether Machine's holdings, bringing their value to approximately $2.16 billion plus $367.1 million in liquid capital.

The series of large-scale institutions allocating ETH in their financial strategies shows how Ethereum's staking yield strategy, DeFi financial applications, and its role in tokenization could position this infrastructure as a leader in the upcoming phases of the financial ecosystem.

Institutional demand for Ethereum has exploded, bringing the exposure of ETH ETFs to over 11.1 million ETH worth 43.5 billion dollars. In contrast, Bitcoin remains in the lead with a larger market share and a market capitalization of 2.2. The BTC token is trading at 110,663.61 dollars, with a gain of 1.51% today.