PANews reported on September 19th that the South China Morning Post reported that Jack Ma-backed Yunfeng Financial Group has appointed former Ant Group executive Geoff Jiang Guofei as Chairman of its Web3 Development Committee, further clarifying its strategic layout in the Web3 space. Jiang Guofei previously led Ant Group's blockchain project, Trusple , and served as Director of the DAMO Academy's Fintech Lab. Yunfeng recently completed its first real-world asset ( RWA ) tokenization project and purchased 10,000 Ethereum (ETH) for $ 44 million as a strategic reserve, with plans to promote tokenized solutions across multiple asset classes.PANews reported on September 19th that the South China Morning Post reported that Jack Ma-backed Yunfeng Financial Group has appointed former Ant Group executive Geoff Jiang Guofei as Chairman of its Web3 Development Committee, further clarifying its strategic layout in the Web3 space. Jiang Guofei previously led Ant Group's blockchain project, Trusple , and served as Director of the DAMO Academy's Fintech Lab. Yunfeng recently completed its first real-world asset ( RWA ) tokenization project and purchased 10,000 Ethereum (ETH) for $ 44 million as a strategic reserve, with plans to promote tokenized solutions across multiple asset classes.

Yunfeng Financial appoints Jiang Guofei as Chairman of Web3 Development Committee

2025/09/19 18:01

PANews reported on September 19th that the South China Morning Post reported that Jack Ma-backed Yunfeng Financial Group has appointed former Ant Group executive Geoff Jiang Guofei as Chairman of its Web3 Development Committee, further clarifying its strategic layout in the Web3 space. Jiang Guofei previously led Ant Group's blockchain project, Trusple , and served as Director of the DAMO Academy's Fintech Lab. Yunfeng recently completed its first real-world asset ( RWA ) tokenization project and purchased 10,000 Ethereum (ETH) for $ 44 million as a strategic reserve, with plans to promote tokenized solutions across multiple asset classes.

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BitMine’s $11B Ethereum Bet — Smart Move or Risky Gamble Before the Next Bull Run?

BitMine’s $11B Ethereum Bet — Smart Move or Risky Gamble Before the Next Bull Run?

BitMine's massive $11 billion investment in Ethereum has raised eyebrows in the crypto world. As the market eagerly awaits the next bull run, this bold move has sparked debates and curiosity. Is it a clever strategy or a high-stakes risk? Explore which coins are poised for growth in this fluctuating landscape. Ethereum Poised for Growth Amid Steady Movement Source: tradingview  Ethereum's price is steady, moving between approximately $4335 and $4825. The crypto giant is showing promise, with a week's growth of over four percent. This follows a half-year surge of nearly 127 percent. Although the current pace is slower, the potential for breaking above the $5040 resistance level is strong. If it breaches this point, Ethereum could aim for the next resistance at $5530. Such a move would be a noticeable increase from today's range, suggesting this crypto could continue its climb. The market indicators point to a balanced phase, meaning Ethereum might be setting the stage for further growth. Keep an eye on those key levels! Conclusion BitMine’s move has sparked debate. If ETH rises, the valuation could be substantial. However, market trends can change quickly. Timing and strategy will be key. BitMine’s decision shows confidence in ETH, but only time will tell if it pays off. The sector awaits the next market movement with interest. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Coinstats2025/09/18 00:44
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