Yunfeng Financial has reached a cooperation with Ant Group's Digital Technology to strategically invest in the Pharos public blockchain

ChainCatcher news, Yunfeng Financial Group (HKEx) announced a strategic cooperation agreement with Ant Group, while also making a strategic investment in the Pharos public blockchain.

Both parties will leverage Ant Group's advantages in blockchain technology, combined with Yunfeng Financial's experience in traditional financial sectors such as asset management, securities, and insurance, to jointly layout the tokenization of RWA (real-world assets) and the Web3 field through the Pharos high-performance public blockchain platform. This cooperation aims to accelerate the integration and innovative development of Web3 and traditional finance, with all parties maintaining independent third-party relationships.