Yunfeng Financial has announced a strategic investment in Pharos and has entered into a strategic cooperation with Ant Group's fintech arm.

BlockBeats News, September 2nd, according to market data, Hong Kong stock Yunfeng Financial (00376.HK) rose by 12.24%, now trading at 3.76 Hong Kong dollars.

Yunfeng Financial announced a strategic cooperation agreement with Ant Group's Ant Group yesterday; at the same time, the group made a strategic investment in Pharos. The two parties will use Pharos' high-performance public chain platform to jointly and compliantly expand real-world asset (RWA) tokenization and explore cutting-edge areas such as Web3.