Jack Ma's Indirect Ethereum Investment and HTX's ETH Yield Offerings
Alibaba founder Jack Ma's indirect investment in Ethereum through Yunfeng Financial, acquiring 10,000 ETH for $44 million, signals a growing mainstream acceptance of digital assets. This move, following other Chinese tech firms' crypto ventures, coincides with Ethereum's strong market performance. HTX is capitalizing on this trend by offering various yield products, including up to 6% APY on ETH, aiming to attract both institutional and retail investors into the crypto ecosystem.