Yunfeng Financial strategically invests in WooshPay, aiming to expand digital payment and asset tokenization businesses.
Odaily reports that Yunfeng Financial has announced the completion of a strategic investment in cross-border payment service provider WooshPay, with the exact amount undisclosed. WooshPay is a financial infrastructure platform regulated by the UK Financial Conduct Authority and Hong Kong Customs. Yunfeng Financial stated that this investment aims to expand the digital payments market and integrate its digital asset infrastructure platform, AlphaToken, advancing "AI+Web3" asset tokenization and compliance settlement-related businesses. Additionally, it was disclosed that Yunfeng Financial has received approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services, enabling users to trade Bitcoin, Ethereum, and other digital assets on its platform.
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