expansion

The White House announced that Trump invoked the Defense Production Act, listing oil exploration, production, and other activities as critical defense resources, and authorized the federal government to promote capacity expansion through procurement and funding support. Trump stated that limited financing and supply chain constraints made it difficult for businesses to meet demand, thus exempting certain requirements of the act to accelerate capacity expansion.

According to TheEnergyMag, AI cloud service provider Nebius Group N.V. has secured a $3.5 billion Senior Secured Financing Facility from Citibank, which will be used to support its global AI cloud computing expansion.

The Iranian Revolutionary Guard Navy stated that if the United States continues to encourage ships to cross areas planted with mines, Iran's countermeasures may expand to U.S. bases in the region.

According to the New York Post, Brad Gerstner, founder and CEO of investment firm Altimeter Capital and promoter of the Trump account plan, stated that he is pushing to expand the scope of the plan from those under 18 to those under 40. Related legislation may advance in the coming months and seeks to make the funding support mechanism permanent.Gerstner expects that by the end of 2027, private donations received by the plan could total $100 billion, and Musk's commitment to donate SpaceX stock to American children is just "the tip of the iceberg." Bloomberg ETF analyst Eric Balchunas estimated while relaying the report that the expansion could additionally cover about 100 million people. Currently, the expansion remains a legislative proposal in progress and is not an enacted policy.

Bybit CEO Ben Zhou recently stated in an interview with Wu Shuo that Bybit has covered the losses caused by previous attacks from North Korean hackers through operational income such as transaction fees by the end of last year. He believes that there will still be trading platforms that encounter hacker attacks in the future, and the security system should be designed with the premise of "assuming it will definitely be hacked."Regarding competition, Ben Zhou believes that the golden period for the expansion of global trading platforms has passed, and the industry will further consolidate. Regional trading platforms with licenses and local operational capabilities still have opportunities. He revealed that Bybit's profits have declined year-on-year this year, and traditional asset trading businesses such as stocks are currently not enough to offset the impact brought by the cryptocurrency business.In terms of the U.S. market, he stated that Bybit is still waiting for the right opportunity to enter and is more inclined to cooperate with local institutions that have a retail user base. The core strategy for the next year will focus on regional development and deep localization. He also discussed the differences between the Bitget security incident and the Bybit theft incident, as well as the data security challenges brought by the large-scale application of AI within the platform.

AIsa, an enterprise AI agent infrastructure company, announced the completion of its seed round extension financing, with stablecoin issuer Tether and HIVEN joining as strategic investors. This round brings its total financing amount to over $9 million. Tether and HIVEN join existing investors such as Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates, and Saison Capital.Jordan Liu, founder and CEO of AIsa, stated that the company will build infrastructure to support global discovery, access, and payment for AI agents. AIsa's network integrates resource discovery, access, and transactions, connecting enterprise AI agents with external data, AI searches, models, APIs, software tools, and industry services, while providing permission management, usage measurement, billing, and settlement.

According to PR Newswire, Solana Mobile, the mobile business of the Solana ecosystem, announced at the Ledger Op3n 2026 event in Paris that the hardware wallet company Ledger has become its first hardware expansion partner. The Solana dApp Store and wallet will merge into the Seeker app and integrate with the new device Ledger Atom, which will be pre-installed on the device's home screen for users to access the Solana ecosystem. Pre-orders for Ledger Atom are now open.Ledger Atom is based on the Android open-source project and features a secure element running Ledger OS, with a protection level of EAL6+, displaying and touch control physically isolated from the Android system. Signing and approval are completed in secure mode, and the device includes tamper-proof and tamper-evident solutions, sold exclusively through the Ledger official website. The built-in app store currently has over 1,500 applications covering categories such as trading, payments, gaming, and AI. Existing Seeker users are unaffected, and developers can reach more devices with a single submission.This collaboration builds on Solana Mobile's opening of the Solana Mobile Stack to Android manufacturers at the World Mobile Communications Conference in March 2026. The SKR token is used to reward user participation, developer building, and hardware vendor integration. Seeker has a transaction volume exceeding $13 billion, with 154 million transactions and over 200,000 devices sold; the company shipped Saga in 2023 and will ship Seeker in 2025.

CoreWeave, an AI cloud service provider supported by NVIDIA, is seeking to attract funding from insurance companies to reduce the financing costs of purchasing AI chips and building infrastructure. Co-founder Branning McBee stated that the company plans to raise funds through methods such as chip-backed loans, with financing exceeding $35 billion this year.

The Financial Services Commission of South Korea is promoting the expansion of the tokenized securities market from fragmented investments in real estate and art to the fields of bonds and funds. The relevant amendments to the Electronic Securities Act and the Capital Markets Act have been legislatively announced from the 2nd of this month until the 11th of next month, with the supporting regulations officially implemented on February 4th next year, to refine the rules for issuance and circulation.The amendments clearly include traditional securities such as stocks, bonds, and funds within the scope of tokenization, initially prioritizing the launch of private currency funds, private bonds, and non-listed stock tokenization based on trusts for institutional investors, while piloting public fragmented investment securities; public bonds and funds for ordinary investors will be expanded after market stabilization. Meanwhile, regulators plan to set an annual net purchase limit of 100 million Korean Won for ordinary investors on over-the-counter trading platforms and allow non-financial institutions to directly manage investor accounts after meeting conditions such as having 4 billion Korean Won in their own capital.

The UK HM Revenue and Customs is pushing to expand the investigative powers regarding cryptocurrency asset information, proposing to allow tax authorities to directly obtain customer data from cryptocurrency service providers and update software and electronic record inspection rules.UK cryptocurrency tax software company Recap warned that the proposed regulations have an overly broad definition of service providers, which may include non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Due to the public and transparent nature of Bitcoin transaction records, once investors' names, addresses, and tax identities are associated with on-chain wallet addresses, it may expose their long-term asset activity records, increasing the risks of data breaches, extortion, and personal attacks.

Illia Polosukhin, co-founder of NEAR Protocol, stated in a live interview at the Digital Asset Summit 2026 held in Singapore that as near.com continues to expand its on-chain services, users no longer need centralized exchanges for "a large amount" of crypto activities. He mentioned that near.com is "almost ready" and has a "large roadmap for continuously adding features," including bank withdrawals, transaction records for tax purposes, and selective disclosure for confidential transactions. He also shared his experience using centralized exchanges, stating that despite knowing the company's CEO, one of his accounts was still deleted.near.com integrates cross-chain spot trading, tokenized stocks, wealth management products, and perpetual contracts into a single interface. Polosukhin indicated that most of the infrastructure for NEAR Intents has been migrated to confidential sharding, keeping transaction activities private, and users can disclose individual transactions when needed. He mentioned that near.com has a lot of fiat-related features coming soon and referenced the collaboration between NEAR and Monerium, allowing users to convert euros in their bank accounts to EURe via IBAN. The ultimate goal of NEAR Intents is to handle "any asset to any asset," such as USD to EUR, SGD to HKD.Regarding tokenized stocks, near.com completed integration with Ondo Finance in September, allowing users to convert euros into tokenized NVIDIA stocks, with NEAR planning to add more stocks from global markets.

The International Monetary Fund (IMF) pointed out in the "Global Financial Stability Report" that attention should be paid to the risks that hedge funds pose to macro-financial stability. The rapid growth of global hedge fund assets may amplify price misalignments and liquidity strains, leading to severe negative impacts or triggering systemic risks. The IMF recommends strengthening data collection and risk monitoring, as well as implementing prudent regulatory measures.

Cryptocurrency trader Ansem posted that he believes correlating the current cycle with the markets of 2020, 2023, or 2024 has limited reference value. For him, the closest environment to the current one is the DeFi expansion from 2020 to 2021, when a brand new business sector brought billions of dollars into the blockchain.In this cycle, stablecoins, especially tokenized stocks, are opening new markets while attracting participation from retail investors, institutions, and developers. New fields will bring new capital flows, products, and a large amount of speculative activity, which is the framework he uses to analyze this cycle.

According to U.Today, as the EU MiCA transition period ended on July 1, obtaining MiCA authorization has become an important foundation for cryptocurrency trading platforms to continue serving European users. Gate Europe obtained MiCA authorization before the end of the transition period and expanded related services through the European Economic Area passport mechanism. Gate data shows that from June 16 to September 22, the platform added at least 68 new spot trading pairs, currently covering about 190 assets and 382 trading pairs.The article cites data from CASP Tracker, indicating that as of September 28, 84 out of the world's largest 100 cryptocurrency trading platforms have not yet obtained MiCA authorization. Meanwhile, Gate Europe passed the PCI DSS v4.0.1 Level 1 compliance assessment on September 15, covering Gate Connect and Gate Card. Gate Europe CEO Dr. Giovanni Cunti stated that security and compliance are key to building trusted payment services in Europe, and obtaining PCI DSS certification is an important step in strengthening payment infrastructure.In terms of liquidity, Gate data shows that from September 14 to 27, the order book depth for BTC/USDC and ETH/USDC within 0.1% of the midpoint increased by approximately 14% and 12%, reaching $1.32 million and $555,000, respectively. Meanwhile, DefiLlama MiCA exchange data shows that the depth of Gate Europe's spot market within 2% of the midpoint reached $15.9 million, higher than other platforms during the same period. Relying on the compliant foundation built on the dual licenses of MiCA and Payment Institutions (PI), Gate Europe will continue to improve asset coverage and liquidity construction, providing European users with a richer selection of digital asset trading options and a better trading experience.

Jeeves announced the completion of a $110 million equity financing. This round of financing was led by CoinFund, with participation from Andreessen Horowitz (a16z), Coinbase Ventures, AllianceBernstein, the Government of Singapore Investment Corporation (GIC), and Y Combinator.

According to the Economic Daily, the shipment of optical CPO related equipment for joint packaging is increasing. Suppliers such as ZhiDe, GaoMingTie, and DongYouDa have stated that orders from Europe, America, and Asia are flooding in, with order visibility extending to the second quarter of next year, and they are simultaneously starting factory expansions. Customers' demand for high-precision motion platforms and automated optical coupling equipment is increasing, with a noticeable rise in clients from Southeast Asia, including Singapore and Malaysia, in addition to major manufacturers in Europe and America.ZhiDe stated that after receiving thousands of orders for international CPO equipment, they have recently made new gains and are negotiating cooperation on CPO alignment modules with domestic and major manufacturers in Europe and America, with overall orders initially looking at a thousand units. The company is expanding production in the Shugu Garden and Nanke Park in response to demand, expecting to launch new capacity in the fourth quarter and continue to ramp up production next year.GaoMingTie has been certified by the world's top ten optical communication brands and has secured orders for 800G and 1.6T optical module coupling alignment modules, with optical communication product revenue accounting for 79% in the first half of the year. The company has acquired about 60% equity in an optical and medical factory in Taichung, and after establishing a production assembly line, the estimated capacity can be expanded by more than double, with the Dongguan subsidiary expected to ramp up production after mid-next year. DongYouDa is collaborating with the Japanese company Junhe on CPO optical coupling equipment, with order visibility extending to the second quarter of next year, and has already initiated plans to establish factories in Vietnam, India, and Mexico, increasing capacity utilization from 70% by the end of 2025 to 80%.

Alibaba is accelerating the expansion of its data centers in Europe and the Middle East, driving its 20 gigawatt global infrastructure development.Alibaba will establish its first cloud regions in Turkey, Finland, and the Netherlands within the next 12 months, and expand its data center layout in Malaysia, Germany, the United Arab Emirates, France, and Hong Kong.

According to official news, Matrix has completed a $6.5 million financing round, with participation from AC Capital, UZ Capital, and others.Matrix is an Unstoppable Execution Rollup built on top of BNB Chain L1. The project utilizes the Facet technology stack to reconstruct and deeply adapt the PoSA consensus, significantly enhancing ecological throughput capacity through an independent high-performance execution environment while fully inheriting BNB's ordering, data availability, and finality.

The Danish central bank, Danmarks Nationalbank, stated that the current usage rate of stablecoins in Denmark is very low and does not pose an immediate threat to domestic financial stability. However, the rapid growth of dollar-pegged stablecoins globally may expose Denmark to indirect financial market volatility and liquidity risks. Currently, there are no stablecoins denominated in Danish kroner in circulation, and the use of stablecoins by consumers and businesses is quite limited.As commercial banks, financial institutions, and payment applications connect to stablecoin infrastructure, the scale of related usage may change. USDT and USDC dominate the global stablecoin market, and turmoil in the overseas stablecoin market could transmit to Denmark through global liquidity channels and the U.S. financial system. Danmarks Nationalbank is collaborating with the European Central Bank (ECB) to ensure that central bank money continues to serve as the primary settlement asset for interbank transactions.