Jack Ma holds shares in Yunfeng Financial and has made a strategic investment in cross-border payment service provider WooshPay.

PANews reported on May 3 that Yunfeng Financial, in which Jack Ma holds shares, officially announced the completion of a strategic investment in cross-border payment service provider WooshPay. The specific investment amount has not yet been disclosed.

WooshPay holds dual regulatory qualifications from the UK's FCA and Hong Kong Customs, classifying it as a compliant financial infrastructure platform. Following this investment, Yunfeng Financial will integrate its digital asset infrastructure, AlphaToken, to create an AI+Web3 model, perfecting a complete ecosystem for asset tokenization and compliant settlement. Yunfeng Financial has already obtained a virtual asset trading license from the Hong Kong Securities and Futures Commission, enabling it to compliantly launch trading services for mainstream digital assets such as Bitcoin and Ethereum.

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Author: PA一线

This content is for market information only and is not investment advice.

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