TechFlow news, on October 2, according to official information, Yunfeng Financial Group Limited (Stock Code: 00376.HK) announced a successful strategic investment in Anthea Holding Limited, a global cryptocurrency life insurance company (together with its subsidiaries collectively referred to as "Anthea"), and the signing of a strategic cooperation memorandum with Anthea.
Yunfeng Financial will collaborate with Anthea to explore the application of blockchain technology in insurance operations, particularly in compliance processes such as KYC and anti-money laundering, strengthen risk management frameworks, and promote a sustainable digital financial ecosystem.
Anthea Insurance Limited has now received pre-approval from the Bermuda Monetary Authority for an Innovative Long-Term Insurance license, aiming to provide compliant, secure, and efficient life insurance and wealth accumulation solutions for digital asset holders. Its product offerings include savings-oriented life insurance products denominated in cryptocurrencies, fully digitalized policy subscription and claims processes, and compliant on-chain asset management strategies, giving it significant first-mover advantages and broad market potential.
