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Jack Ma Bets Big on Ethereum? Alibaba Founder Indirectly Invests in Ethereum: Signaling a “Digital Gold” Strategy for Asset Allocation
On September 2, BlockBeats reported that Alibaba founder Jack Ma indirectly held about 11.15% of Yunfeng Financial through Yunfeng Fund. Yunfeng Financial has accumulated 10,000 ETH in the open market at a total investment cost of approximately $44 million. The purchased ETH has been categorized as part of the Group’s “investment assets”.
This is not the first time a Chinese enterprise has publicly purchased crypto. As early as 2021, Hong Kong-listed tech company Meitu made its first move into digital assets through a subsidiary, acquiring 15,000 ETH (around $22.1 million) and 379 BTC (nearly $17.9 million). Subsequently, the company liquidated its holdings between late 2024 and early 2025, successfully doubling its net profit. Now, another heavyweight figure in China’s tech sector is indirectly adding crypto assets to corporate reserves, highlighting mainstream capital’s shifting stance on digital assets as part of modern asset allocation.
Ethereum Market Gaining Momentum: Bullish Trend Likely to Continue
At the same time, Ethereum’s market performance has been particularly strong. According to CoinMarketCap, as of early September 2025, ETH had surged25% from i…
The post Jack Ma Bets Big on Ethereum? Alibaba Founder Indirectly Invests in Ethereum: Signaling a “Digital Gold” Strategy for Asset Allocation appeared first on Coin Edition.
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:08
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09.10.25 08:09
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09.10.25 08:09
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09.10.25 08:09
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09.10.25 08:09
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09.10.25 08:09
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09.10.25 08:12
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09.10.25 08:12
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09.10.25 08:13
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09.10.25 08:13
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09.10.25 08:13
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09.10.25 08:17
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09.10.25 08:17
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09.10.25 08:18
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09.10.25 08:18
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09.10.25 08:18
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09.10.25 08:18
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09.10.25 08:21
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09.10.25 08:22
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09.10.25 08:22
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09.10.25 08:22
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09.10.25 08:23
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09.10.25 08:23
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09.10.25 08:23
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09.10.25 08:24
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09.10.25 08:24
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09.10.25 08:24
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09.10.25 08:25
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09.10.25 08:25
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09.10.25 08:26
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09.10.25 08:26
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09.10.25 08:27
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09.10.25 08:28
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09.10.25 08:28
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09.10.25 08:28
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09.10.25 08:28
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09.10.25 08:28
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09.10.25 08:28
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09.10.25 08:30
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09.10.25 08:33
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09.10.25 08:34
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09.10.25 08:34
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09.10.25 08:35
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09.10.25 08:37
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09.10.25 08:40
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09.10.25 08:41
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09.10.25 08:42
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09.10.25 08:42
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09.10.25 11:05
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09.10.25 11:05
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