Yunfeng Financial strategically invests in global cryptocurrency life insurance company Anthea

ChainCatcher news, according to official sources, Yunfeng Financial Group Limited (stock code: 00376.HK) announced the successful strategic investment in the global cryptocurrency life insurance company Anthea Holding Limited (collectively referred to as "Anthea" along with its subsidiaries) and signed a strategic cooperation memorandum with Anthea.

Yunfeng Financial will explore the application of blockchain technology in the insurance business with Anthea, particularly in compliance processes such as KYC and anti-money laundering, to strengthen the risk management framework and promote a sustainable digital financial ecosystem.

Anthea Insurance Limited has now obtained pre-approval from the Bermuda Monetary Authority to issue an innovative long-term insurance business license, aimed at providing compliant, safe, and efficient life insurance and wealth accumulation solutions for digital asset holders. Its products include savings-type life insurance products priced in cryptocurrency, fully digital insurance application and claims processes, as well as compliant on-chain asset management strategies, boasting significant first-mover advantages and broad market prospects.