TechFlow news, September 1 — According to an official announcement, Yunfeng Financial Group (HKEx) today (September 1) announced a strategic cooperation agreement with Ant Digital Technologies, along with a strategic investment in the Pharos public blockchain. Leveraging Ant Digital Technologies' expertise in blockchain technology and Yunfeng Financial's experience in asset management, securities, insurance, and other traditional financial sectors, both parties will jointly expand into RWA (real-world asset) tokenization and the Web3 space via the high-performance Pharos public chain platform.
The collaboration aims to accelerate innovative integration between Web3 and traditional finance, with all parties maintaining independent third-party relationships.
