贝莱德终止收购云交所，YUNC暴跌风波

Core Viewpoint - BlackRock has terminated its acquisition plan for YUNC Exchange due to compliance issues with the YUNC token's circulation structure and high internal holding ratio, leading to significant market turmoil and a sharp decline in YUNC token prices [1] Group 1: Acquisition Termination - BlackRock discovered irregularities in the YUNC token's circulation structure and internal holding ratios during the final review phase, which did not meet international acquisition audit and compliance standards [1] - The decision to halt the acquisition resulted in a drastic drop in YUNC token prices, with a near-total loss in value within a short period [1] Group 2: Market Impact - The termination of the acquisition has caused a ripple effect, impacting several companies associated with YUNC Exchange, including "凝聚未来," a subsidiary of Chairman Zhang Jian, which has announced its entry into bankruptcy liquidation [1] - The incident has led to increased market volatility and concerns among investors regarding the stability of related blockchain projects and ecosystems [1] Group 3: Future Implications - Industry analysts predict that the failed acquisition will have long-term effects on the YUNC ecosystem and related blockchain projects, potentially prompting regulatory scrutiny over token holding structures and internal circulation mechanisms [1]