jakiro
Web3 welcomes another big player.
In this way, there seems to be another one in the currency circle.“New Big Brother”.
Here I would like to introduce Yunfeng Fund.Yunfeng Fund is aFounded in 2010Private equity funds, in terms of their background, can be regarded as the darling of a golden key even among the big-name private equity funds.Looking at its management lineup, the main founders are Alibaba’s Jack Ma, and the other is Juzhong Media founder Yu Feng, which is alsoThe origin of “Yunfeng” shows the company’s strong resources. In addition to the two major guests, backbones such as Li Ying, Huang Xin, Zhu Yikai, Huang Xiaobin and Zhao Junbo were all members of the managing director.There are “rich dads” and “rich relatives” naturally scattered. Dozens of entrepreneurs have all had close ties with Yunfeng Finance, including Shi Yuzhu, chairman of Giant Network, Liu Yonghao, chairman of New Hope Group, Shen Guojun, chairman of Intime Investment, etc.Against this background, Yunfeng, who is not short of money, has a wide range of layouts. It can be seen in technology, medical care, and consumption, creating a series of well-known cases such as Xiaopeng and Horizon. It has just advanced to the Hong Kong Stock Exchange with a valuation of 22 billion yuan.Yunfeng Fund is also on the list of shareholders of the star unicorn Zebra Intelligence.
Because of this, Yunfeng Finance has always been marked as“Jack Ma Concept Stocks”, its stock price changes are basically consistent with Alibaba-based companies.On September 2, Yunfeng Financial Group issued an announcement stating that the company has purchased 10,000 ETH through its own funds as a strategic reserve, and will continue to promote strategic and digital financial innovation in crypto assets in the future, and explore the inclusion of mainstream tokens such as BTC and SOL into the reserves.The group also stated that it plans to deeply combine digital assets with its own business, explore the potential applications of RWA tokenization and blockchain technology in core businesses such as insurance and asset management, and build an ecological closed loop of “financial + technology” for the company.
Whether it is business transformation or hot topics, as mentioned earlier, the establishment of a treasury does not feel much fresh in the market, especially at present, the stock prices of multiple treasury companies are already sluggish.A Japanese listed companyMetaplanetAs an example, from last yearIn April, we started buying BTC and holding a total of 20,000 Metaplanet. The stock price has fallen by more than 50% after its peak in June this year, which is enough to see the inherent fragility of the treasury narrative.
In 2017, Jack Ma said, “I don’t have much interest in Bitcoin. What I want to know is, what can Bitcoin bring to society?” Even when the BTC price exceeded US$15,000 in December of that year, Jack Ma was calm and expressed his confusion about this, and emphasized that he did not pay attention to Bitcoin. He later expressed the remarks that Bitcoin was a bubble in public.
Of course, outside of language, it is difficult to think that Jack Ma is a supporter of the currency circle just in terms of investment decisions and strategic layout. After all, under the complex industrial map, even the founder is difficult to participate in every decision. It is more of a decision made by the person in charge. In terms of this treasury, Jack Ma is optimistic about it rather than saying that Jack Ma is optimistic about it.ETH, it is better to say that funds are optimistic about ETH.But no matter what, Jack Ma’s shareholding and corporate purchases, especially ETH, still sends some signals to the industry.
To a certain extent, this entry reflects that institutions have a clear and high recognition of Ethereum, so that the funds are willing to purchaseETH, not other assets.From a technical perspective, most domestic blockchains dominated by Ant Chain are also further developing around Ethereum, which also reflects the orthodoxy of Ethereum in terms of technology.Even though this time, Ethereum’s resource radiation capacity has clearly shown its advantages.From this perspective, the jokes circulating in the market“Ethereum has a big brother” is not groundless. After all, capital is linked together. With the beginning of the circle of friends, a series of replication chains can easily be derived. The actions of the Ants may affect the mood of more capital.
On the other hand, using Yunfeng Financial Management to see the leopard, Hong Kong’s local areaRWA’s narrative is in full swing, and as institutions continue to bet, the consensus on new growth points is also growing.But it is sad that from the current RWA, the application of real scenarios is very limited, and the market is mixed. There are many projects that hope to exchange air for gold coins under the banner of “RWA”, and there are many well-known companies among them.But we must admit that less routine and more sincerity are the secrets for the real development of new things.
