YUNFENG FIN (00376): Strategic Investment in Global Cryptocurrency Life Insurance Company Anthea and Strategic Partnership Agreement

Stock News
Oct 02

YUNFENG FIN (00376) announced that on October 2, 2025, the group reached an agreement with Anthea Holding Limited (together with its wholly-owned subsidiaries, collectively "Anthea") to invest and subscribe for newly issued shares of Anthea Holding Limited (equity investment). Simultaneously, the group signed a strategic cooperation memorandum with Anthea to explore strategic partnership opportunities.

According to the memorandum, the group and Anthea will jointly explore blockchain-based insurance products, covering compliance-related processes and targeting digital asset users, including cryptocurrency life insurance products, as well as savings and retirement insurance based on ETH and BTC. Both parties will also explore the digitization of traditional insurance policies to build an efficient and forward-looking insurance business model.

As global digitization accelerates, the deep integration of digital currencies with existing financial services has become a key driving force for industry upgrading. Anthea, as one of the world's first innovative insurance companies specializing in digital currency life insurance business, has obtained pre-approval from the Bermuda Monetary Authority for an Innovative Long Term Insurance Business (Class ILT) license, aiming to provide compliant, secure, and efficient life insurance and wealth accumulation solutions for digital asset holders.

Anthea's innovative business model covers cryptocurrency-denominated savings life insurance products, fully digitized underwriting and claims processes, and compliant on-chain asset management strategies, possessing significant first-mover advantages and broad market prospects.

This equity investment aligns with the group's long-term development strategy, aiming to deeply explore the tremendous potential of blockchain technology in insurance innovation. This investment marks the first institutional-level cooperation between financial institutions and cryptocurrency-native insurance platforms. The group will also work with Anthea to explore the application of blockchain technology in insurance business, particularly in compliance processes such as Know Your Customer (KYC) and anti-money laundering.

Upon completion of the transaction, the group will hold a minority stake in Anthea Holding Limited, and this investment will not be consolidated in the group's financial statements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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