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According to market news, Mirae Asset Securities (HK), a subsidiary of Mirae Asset Securities in South Korea, announced that it has completed a tokenized financing note issuance on the Solana blockchain, targeting qualified institutional investors.The note is denominated in US dollars, has a six-month term, and is a floating-rate note, included in the company's $3 billion guaranteed structured note program. Marketnode, a regulated digital market infrastructure operator in Singapore, acts as the authorized distributor, with support from the Solana Foundation. Mirae Asset is responsible for the token issuance, payment, and full lifecycle management. The note is offered only through private placement to professional investors as defined by the Hong Kong Securities and Futures Ordinance, and is not approved or registered by the Hong Kong Securities and Futures Commission.

At the same time, the company signed a basic cooperation agreement for lightning network routing business with ALC, using the BTC held by ALC as the liquidity for the channels operated by the company, jointly building local routing infrastructure in Japan. The raised funds will be used to pay for infrastructure development, talent recruitment, routing business, and research and development, with a focus on promoting the lightning payment service "aurora" that can be accessed through the existing payment systems of merchants via API.

HIVE Digital Technologies, a Bitcoin mining company, announced that its subsidiary BUZZ Alpha Cloud has signed a fixed-rate credit agreement with institutional lenders for approximately $129 million, with an annual interest rate of 9.0% and a term of three years, with a loan-to-value ratio of about 80%.The financing will be used to purchase an AI GPU cluster and related infrastructure, including the NVIDIA GB200 NVL72 system, to fulfill a three-year sovereign AI customer contract signed with Cohere. The CEO of HIVE stated that this financing corresponds to the procurement of 2,303 NVIDIA GB200 GPUs worth approximately $165 million, with the related equity contribution coming from the company's 0% convertible bonds issued earlier this year. The company expects GPU deliveries to take place by the end of the fourth quarter of 2026.

Insiders have confirmed that Solidigm, a U.S. subsidiary of SK Hynix (SKHY.O), is in discussions with the U.S. Department of Commerce regarding a $45 billion U.S. factory project.

According to informed sources, the expanded $25 billion stock issuance by Meta Platforms (META.O) received approximately five times the demand for the available shares. The company plans to raise $98 billion for expenditures in the field of artificial intelligence.Informed sources indicated that more than half of the shares in this common stock issuance were allocated to long-term investors and existing shareholders. Among them, the top 15 investors by subscription size collectively received about 70% of the issued shares. The issuance was priced at $625 per share, which is a 2.7% discount compared to the closing price last Friday before the issuance announcement.On Tuesday, Meta's stock price fell by 1.4% at one point in the New York market, reaching $621.47 per share. This stock issuance is just part of Meta's financing plan. The plan also includes the issuance of $12.5 billion in mandatory convertible preferred stock, as well as a planned market-priced stock issuance. If the final fundraising amount reaches $98 billion, it will become one of the largest equity financing plans in history.

Grvt has subscribed to the tokenized financing notes arranged by the Hong Kong subsidiary of Mirae Asset Securities, one of South Korea's largest brokerages, as the first step in the cooperation between the two parties.Grvt stated that it plans to integrate the relevant exposure into its wealth management feature Grvt Earn. In the future, both parties will also explore products such as tokenized government bonds, corporate bonds, and ETFs. Grvt indicated that products like tokenized government bonds are only potential directions and not confirmed for launch, depending on regulatory and internal approvals.

Zcash co-founder Sean Bowe released a ZIP draft proposing to stop the automatic allocation of block subsidies to Zcash Community Grants (ZCG) and redirect the original 8% subsidy share to the Network Sustainability Mechanism (NSM).The draft states that ZCG currently holds approximately 91,452.98 ZEC, valued at about 125 million dollars, and the existing funds are sufficient to continue supporting related activities without the need for ongoing block subsidies. If the proposal takes effect, from the specified activation height, the original 8% share will be allocated to the NSM fund until the original funds expire; the existing assets and governance rules of ZCG will remain unchanged.

According to The Block, the RWA protocol Ondo Finance will open subscriptions for OpenAI's pre-IPO tokenized notes next week, allowing private clients to subscribe directly to the notes, which are currently trading in the secondary market.The expectation for OpenAI's IPO has been postponed to 2027, as CEO Sam Altman ruled out the possibility of a 2026 IPO last month citing AI safety concerns.

On October 23, the General Office of the State Council issued the "Opinions on Adapting to the Development of Artificial Intelligence Technology to Support the Construction of Employment-Friendly Development Models" (Guo Ban Fa [2026] No. 29). The document proposes to adapt to the development of artificial intelligence technology, enhance the positive effects of job creation, empower traditional positions, and mitigate the impact of job replacement.The opinions point out that the role of artificial intelligence should be leveraged to improve the employment environment, enhance occupational safety levels, and improve work quality and efficiency, with priority given to promoting applications in positions with labor shortages and high-risk environments; it is essential to cautiously manage the scope, intensity, and pace of artificial intelligence applications in labor-intensive industries to minimize the impact on workers. The document also encourages enterprises to explore the establishment of an unemployment buffer period system, to inform affected workers in advance during the large-scale promotion of artificial intelligence applications, and to provide support for job transition and transformation.The opinions also outline deployments in areas such as strengthening job creation effects, constructing employment-friendly upgrade paths, enhancing workers' digital literacy and employment capabilities, promoting artificial intelligence-enabled employment policy services, improving workers' rights protection and social security, and perfecting employment monitoring, early warning, and risk response mechanisms. The document is dated October 16, 2026, and is marked for public release.

According to official news, BIT's subsidiary BIT Asset Management AG has been approved by FINMA and will list the first spot Bitcoin ETF (BBIT) in Europe on the Swiss Exchange in November. BBIT relies on Switzerland's high-net-worth wealth pool, providing a compliant channel for traditional bank accounts to directly allocate spot Bitcoin.In terms of business progress, BIT has launched services for US and Hong Kong stocks this year; in addition, its subsidiary Cactus Custody officially launched Swiss custody services last month, further building a safe and reliable bridge between traditional finance and crypto assets.

Korean storage substrate manufacturer TLB has started the development of the AI server low-power memory module specification SOCAMM3 substrate with two large domestic and foreign storage manufacturers. According to industry news on the 22nd, TLB recently began negotiating design directions and manufacturing processes with two existing storage customers, with specifications yet to be determined. The storage manufacturers plan to complete the design with the substrate manufacturers before finalizing the specifications, with actual substrate mass production expected in 2028.SOCAMM will make the low-power DRAM for mobile devices into a detachable AI server module, which will be first used by NVIDIA in its own AI servers. SOCAMM2 has developed into a JEDEC standard. Currently, each NVIDIA Vera CPU is equipped with 8 SOCAMM2 based on LPDDR5X, with a maximum capacity of 1.5TB per CPU and a bandwidth of 1.2TB per second. The SOCAMM2 substrate requires five layers, and the number of layers for SOCAMM3 will increase, raising the difficulty of processes such as micro-hole processing. The applicable systems have not been disclosed, and the mass production timeline in 2028 coincides with NVIDIA's roadmap. NVIDIA announced in March this year at GTC that it will launch the Feynman GPU and the new CPU Rosa in 2028.TLB's SOCAMM2 substrate has already entered mass production earlier this year, with production volume and sales in the second quarter increasing more than three times compared to the previous quarter. The production time and unit price are both about twice that of existing module substrates. The industry expects TLB's SOCAMM substrate sales to be around 70 billion Korean won this year, and about 140 billion Korean won next year. Brokers estimate the company's overall revenue this year to be about 350 billion to 370 billion Korean won, a year-on-year increase of about 40%, and around 450 billion Korean won next year. The company will begin construction of its second factory next month in the An Phu Industrial Park in Bac Ninh Province, Vietnam, aiming for production in the fourth quarter of next year, but SOCAMM substrates will still only be produced at the headquarters in Ansan in the short term.

According to Bloomberg, the Central Bank of Ireland has fined Coinbase's Irish subsidiary €3.25 million (approximately $3.6 million) due to deficiencies in its outsourcing governance framework and inadequate customer fund protection measures.Regulators pointed out that the company relied too heavily on the U.S. Coinbase Group to execute customer fund protection processes, and design flaws in the system along with insufficient control testing led to a long-term shortfall in the designated customer fund protection accounts.A Coinbase spokesperson stated that the relevant issues mainly occurred during the U.S. banking crisis in 2023, when the company directed customers to deposit funds into other bank accounts of Coinbase to mitigate potential losses from bank failures. However, this practice resulted in the mixing of customer funds with those held by other entities of Coinbase, which did not comply with regulatory requirements.Last year, the Central Bank of Ireland also fined Coinbase Europe €21.5 million for violating anti-money laundering and counter-terrorism financing transaction monitoring obligations (which included a 30% settlement discount).

According to "Reading Plus," the short drama application Hongguo Short Drama App, owned by ByteDance, has launched "Xiaoguo AI." This feature has undergone a period of gray testing and is now officially online, relying on the Doubao large model. It is labeled as Hongguo AI BOT within the app and is positioned as an AI assistant for finding short dramas, providing series search and recommendations. The report states that this is the first time Hongguo has integrated conversational AI into the user-end drama search scenario, beyond AI short drama production.According to practical tests by "Reading Plus," the main entry point is located in the app's search bar. Clicking it leads to the conversation page, and users can also ask questions in the comment section by @XiaoguoAI. The page features quick questions, such as "What short dramas are everyone watching?" and "What are the differences between male-oriented and female-oriented short dramas?" When users input keywords, it returns a list of suggestions, a trending short drama list, and series popularity. The AI responses can pop up short drama cards with play buttons, which redirect to the viewing page when clicked.This tool relies on generative models and search plugins to return information such as titles, plot summaries, poster stills, reputation ratings, and playback channels based on keywords and viewing preferences. From user feedback, it can also record update requests and push notifications when new seasons of followed series are available for reservation.

Grayscale announced the launch of an in-kind investing mechanism, allowing investors to directly deliver eligible digital assets in exchange for shares of Grayscale's products. Grayscale stated that this mechanism is expected to alleviate the burden of self-custody of assets for investors, reduce potential trading execution costs, and make digital assets easier to incorporate into traditional portfolio management.Currently, this mechanism covers 10 products, including Bitcoin Mini Trust ETF (BTC), Ethereum Staking Mini ETF (ETH), Avalanche Staking ETF (GAVA), Chainlink Trust ETF (GLNK), Dogecoin Trust ETF (GDOG), Hyperliquid Staking ETF (HYPG), Solana Staking ETF (GSOL), Sui Staking ETF (GSUI), XRP Trust ETF (GXRP), and Zcash ETF (ZCSH).

Samsung Electro-Mechanics announced that it will supply ABF substrates to NVIDIA starting in 2026.

Famous trader Doctor Profit posted that he believes Bitcoin is in a bull market, expecting it to rise rapidly to $86,000 in the next few hours to days, followed by a further increase to $94,000. He stated that the market is not yet prepared for this trend.

NVIDIA announced plans to increase packaging substrate capacity to 2.5 times the current level over the next three years.

According to a report by THE ELEC, Samsung Electro-Mechanics announced on October 19 that it has signed a supply contract for packaging substrates for memory semiconductors with a large global company, amounting to 360.5 billion Korean won. The contract period is from January 1, 2027, to December 31, which is equivalent to 3.2% of the company's consolidated revenue last year.This is the first time Samsung Electro-Mechanics has disclosed a long-term supply contract for packaging substrates. With this addition, the number of long-term supply contracts disclosed by the company this year has increased to seven, with a total amount of approximately 4.3 trillion Korean won. Previous contracts were mainly focused on components such as silicon capacitors, multilayer ceramic capacitors, and inductors, and this expansion includes the packaging solutions business, which produces products such as FC-BGA substrates and BGA substrates.Last month, Samsung Electro-Mechanics announced plans to invest 42.7 trillion Korean won in the Sejong FC-BGA production facility and 25.1 trillion Korean won in the Vietnam packaging substrate production equipment. The company also stated that as part of a large government project, it plans to invest 80 trillion Korean won in the Sejong business site and 150 trillion Korean won in the Busan business site by 2040, and will produce FC-BGA in Busan, Sejong, and Vietnam. A related person from Samsung Electro-Mechanics stated that the growth of the AI and high-performance computing market makes high-performance packaging substrates more important, and the company will strengthen customer supply cooperation and establish a stable supply system.

According to LatePost's LatePost Auto report, Li Auto's chip subsidiary Shanghai Mahexin Technology has completed a Series A equity financing of 1.625 billion yuan, with Li Auto contributing 1 billion yuan and external investors contributing a total of 625 million yuan. After the financing is completed, Li Auto holds 74.01% of the shares, making it the largest shareholder, while external investment institutions include Hangzhou Jingtou, BlueRun Ventures, Huaye Tiancheng Capital, and Qiji Chuangtan.Hangzhou Jingtou has also received an additional investment equity of 500 million yuan, bringing the company's valuation to 17.1 billion yuan, with 20% of the equity allocated for employee incentives. Insiders say the funds will be used for subsequent chip research and development and commercialization, and they hope to supply externally and expand into businesses outside of automotive. Li Auto co-founder Ma Donghui stated on September 21 that Mahe chips, silicon carbide modules, and other products can be sold externally, and Li Auto is developing the second generation of Mahe intelligent driving chips.