Core Viewpoint - Cloud Financial, a Hong Kong-listed company, has announced the purchase of 10,000 Ethereum as a strategic reserve asset, marking a significant move into the Web3 space, especially given the involvement of notable shareholder Jack Ma [1][9][13]. Company Overview - Cloud Financial Group is an innovative fintech group listed on the Hong Kong main board, with licenses for securities brokerage, asset management, insurance, and fintech services [2]. - The company was previously known as Rui Dong Group and was acquired by Jade Passion Ltd, controlled by Cloud Fund, in 2015 [2]. Shareholder Structure - Cloud Fund, founded in 2010, is backed by prominent figures including Jack Ma and Yu Feng, indicating strong financial resources and connections [3]. - Yu Feng is the largest shareholder of Cloud Financial, controlling 47.25% of the shares, while Jack Ma indirectly holds approximately 11.15% of Cloud Financial through Cloud Fund [4][5]. Market Reaction - The announcement of the Ethereum purchase led to a significant market reaction, with Cloud Financial's stock rising over 10% the day after the announcement [9]. - This move is seen as part of a broader strategy to integrate digital assets into the company's operations and explore blockchain technology applications in core business areas [7][12]. Strategic Initiatives - Cloud Financial has been actively pursuing a strategy in Web3, including plans to acquire other cryptocurrencies like BTC and SOL, and to explore tokenization of real-world assets (RWA) [7][10]. - The company has also partnered with Ant Group to invest in the Layer1 blockchain Pharos, which focuses on RWA [12]. Industry Context - The involvement of Jack Ma and Cloud Financial in the cryptocurrency space is viewed as a significant indicator of institutional interest in Ethereum and Web3 technologies [13][15]. - Despite the positive market sentiment, there are concerns about the sustainability of RWA projects, as many lack real-world applications and may be speculative in nature [16].

From campus to convention. The Sydney workshop showed how curious minds are driving the next wave of Web3. 🤝Excited to see more students stepping into the space!#MEXCEventRocksMEXC Oceania (@MEXCOceania):#MEXC @MVenturesLabs teamed up with the University of Sydney’s @UNCBUSYD to host “Web3: Reshape the Future of Finance & Tech”. 🎙️Bringing together 80+ students, faculty, and aspiring builders to explore Web3 fundamentals, grab exclusive merch, and win tickets to Australian https://t.co/i2ygPSndA4 ...

🔥Excited to announce that @BitMartExchange is an official partner & sponsor of the @TaipeiWeek Official Party!📅 Sat, Sept 6 | 22:00 – 02:00 GMT+8📍 KOR & Omni 🪩✨⚡Good vibes, live DJs, and the Web3 + AI fam all night long — Taipei, are you ready to dance? 💃🚀🎟️ https://t.co/wHRUA4N7Wp#TBW2025 #Web3 ...

BNB Szn 🔥Chainspect (@chainspect_app):🎯 Milestone Unlocked: 8.7B txns on @BNBCHAINIn just 5 years, BNB Chain has processed 8.7 billion transactions — that's over 4.7M txns every single day 😱Built to onboard the next billion Web3 users, and already proving it delivers at scale 🌍📊 https://t.co/hpT5nih9WH https://t.co/w9owMsw32x ...

✨ Dubai, skyline, and Web3 vibes! ✨Join us on Sept 11 for Blockchain Soirée: Skyline Views & Vibes by LBank 🌐🚀An exclusive networking night with special guests and top industry minds!📍 Downtown Dubai🕖 19:00–21:00 (UTC+4)🔗 Register now: https://t.co/JStIJVS3RjDisclaimer: LBank is aligning with VARA regulations and progressing with Dubai licensing. This event is for education and networking only, no financial advice provided.#Web3 #Networking #Dubai #Blockchain #LBank ...

The wait is almost over.Tomorrow we reveal the winners of the #BNBChainAwards.Are you ready to honor the builders shaping the future of Web3? https://t.co/SMknXISLfu ...

Product Overview - Binance launches a new Wallet Extension, providing a secure gateway to Web3 [1] - The extension supports Keyless security login and wallet import [1] - Users can connect to dApps and sign transactions through the extension [1] Call to Action - Encourages users to download the Binance Wallet Extension [1]

The next breakout founders will come from MVB 11 🚀This season brings capital, mentorship, ecosystem access & global stage presence—the residency every Web3 founder wants.Apply by 6 Sep: https://t.co/VfsWyp9sJp https://t.co/ZeWs04ZCAd ...

Core Insights - The article highlights the transformative leadership of He Yi, co-founder of Binance, in the rapidly evolving global cryptocurrency landscape in 2024 [1] - It emphasizes the rise of female entrepreneurs in emerging markets, as exemplified by He Yi's journey from a rural background to leading a major cryptocurrency exchange [1] Background - He Yi was born in 1985 in rural Sichuan, China, and faced significant hardships, including the loss of her father at a young age [3] - Her early experiences taught her the importance of being results-oriented and creating value to change her circumstances [3] - She worked as a television host in the early 2000s, which helped her develop communication skills and market sensitivity [3] Turning Point - In 2014, He Yi recognized the disruptive potential of blockchain technology and personally invested in Bitcoin, while also recruiting Zhao Changpeng (CZ) to join OKCoin [4] - She played a crucial role in building the early team at Binance, identifying market opportunities and expanding user numbers significantly [4] - During her tenure at OKCoin, she introduced community engagement strategies that became foundational for Binance's growth [4] Binance's Establishment and Growth - Binance was co-founded by He Yi and Zhao Changpeng in July 2017, coinciding with the peak of the ICO boom [5] - Within 180 days, Binance became the largest cryptocurrency exchange by trading volume, a record in fintech history [5] User-Centric Strategy - He Yi implemented a "user-first" strategy, personally engaging with customers and rapidly expanding language support to cater to global markets [7] - During regulatory tightening from 2018 to 2020, she led Binance's globalization efforts, resulting in over 90% of users being non-Chinese by the end of 2020 [7] Crisis Management - In November 2023, Binance faced a $4.3 billion fine due to regulatory issues, marking the largest settlement in the cryptocurrency industry [8] - He Yi demonstrated exceptional crisis management by ensuring operational stability and user trust during this challenging period [8] - She opted for a decentralized management structure post-CZ, focusing on user experience and strategic planning while delegating daily operations [8] Business Philosophy - He Yi's business philosophy centers on maximizing user value, requiring employees to experience customer service firsthand [8] - She personally intervened in user issues, showcasing her commitment to customer satisfaction [8][11] Organizational Structure - Binance operates with a flat organizational structure, allowing rapid decision-making and direct communication across all levels [11] - The company has embraced a fully remote work environment, enhancing operational efficiency and resilience [11] Future Outlook - Under He Yi's leadership, Binance is evolving into a provider of Web3 infrastructure, with a focus on financial services in developing countries [12] - The company processes over 100TB of transaction data daily, relying on data-driven decision-making [12] - He Yi's long-term investment in Binance Coin (BNB) reflects her commitment to the company's future [12] Diversity and Inclusion - Binance has achieved a female employee representation of 43%, with over 35% in management, setting a benchmark in the tech industry [14] - He Yi's personal engagement with users exemplifies her dedication to understanding and addressing customer needs [14] Industry Context - The cryptocurrency sector is undergoing significant transformation, with major financial institutions beginning to embrace digital assets [15] - He Yi is positioned as a foundational figure in the new digital finance ecosystem, moving beyond traditional financial paradigms [15]

User Acquisition & Community Building - Onboarded three new users from Web2 to Web3, converting them into Tabizens [1] - Connecting the dots to clarify confusion for new users [1] Product Development & Branding - Produced the first customized Tabi drink, branded as "Tabi drink" [1] Community Engagement - Hosted a "Hangout session 3.0" [1]