The financial and technological company Yunfeng Financial Group, the co-owner of the Alibaba Marketplais, Jack Ma (Jack MA), which was about $ 44 million, the co-owner of the Yunfeng Financial Group.

The leadership of Yunfeng said that the company intends to participate in the development of technological innovation: tokenization of the assets of the real world (RWA) and the development of artificial intelligence (AI).

“The Yunfeng Board of Directors believes that the inclusion of the broadcast in the company’s strategic reserve corresponds to its development plan in the most advanced regions, as well as to unite finance with the Web3 sector,” the Yunfeng Financial Group statement said.

The company announced that ownership of the ether occupying second place in market capitalization among cryptocurrencies will help diversify its investment portfolio and reduce dependence on fiat currencies. The leadership of Yunfeng plans to study the possibilities of using the broadcast in insurance operations and new business scenarios with decentralized finances (Defi).

Another company, Ether Machine, recently
announced The businessman Jeffrey Berns, who is part of the board of directors of the company, provided for the replenishment of its balance of 150,000 ETH worth $ 654 million. The co -founder and chairman of the board of directors of Ether Machine, Andrew Keys) said that now the company is 500,000 ETH, which are estimated at $ 2.5 billion.

Recently, the top manager of the Standard Charted Chartered Jeffrey Kendrick said that the broadcast is still underestimated in the market. According to Kendrick’s forecast, the course of this altcoin by the end of the year can reach $ 7500.