hybrid

On October 15, the semiconductor research organization SemiAnalysis published an article stating that the lithography equipment manufacturer ASML has not officially announced related products, but patents, news reports, and the company's roadmap all indicate that it is developing hybrid bonding equipment. The author of the article judges that ASML may first launch more challenging chip-to-wafer hybrid bonding tools and view it as an extension of vertical integration.Patents show that the system operates on a track, with each chip placed in an independent carrier, sequentially completing inspection, cleaning, plasma activation, morphology inspection, leveling, coarse alignment, position adjustment, and fine alignment before entering the bonding station; the final placement is completed by the carrier and suction cup. The track's repeat accuracy is about 10 microns, far from the approximately 50 nanometers required for bonding. ASML submitted 27 bonding patent families from December 2022 to November 2024, most of which are aimed at chip-to-wafer. The Elec reported in March that ASML has begun hybrid bonding machine architecture design with Prodrive Technologies and VDL ETG.The article states that wafer-to-wafer hybrid bonding has been used for image sensors and 3D NAND; chip-to-wafer is currently only used for mass production of logic chips, including AMD's hybrid bonding V-Cache shipped since 2022 and TSMC's SoIC. The current spacing of SoIC is about 6 microns, with a target of reaching approximately 4.5 microns by 2029. Besi is currently the only supplier with chip-to-wafer mass production tools, with related logic business mainly concentrated in TSMC and Intel.

Vitalik posted on the X platform, stating that he attempted to briefly explain the true meaning of the plans for Ethereum that forked after Hegota. Ethereum is no longer just a blockchain; it is a hybrid architecture that combines blockchain with modern cryptography, enabling more powerful features.Related plans include FOCIL, EIP-8288, streamlined consensus, state management, formal verification, memory pool improvements with privacy features, and long-term obfuscation techniques.

According to CoinDesk, billionaire real estate investor Grant Cardone stated at the Consensus Miami 2026 event that he has added $100 million in Bitcoin as part of his hybrid strategy combining Bitcoin with income-generating real estate.Cardone revealed that he previously purchased 1,000 BTC for Cardone Capital in 2025, and currently has a total Bitcoin exposure of about $200 million. He believes that this model of combining Bitcoin with real estate can challenge traditional real estate investment trusts (REITs), and this strategy does not involve putting real estate assets on the blockchain, but rather incorporating Bitcoin into the real estate investment structure.

According to The Block, South Korea's major credit card company KB Kookmin Card announced that it will collaborate with Avalanche to build a hybrid stablecoin payment model based on a public chain, and jointly develop a complete stablecoin system covering recharge, payment, and settlement with digital asset infrastructure company OpenAsset.This system will retain the user experience and reward points of traditional credit cards to lower the threshold for users to use stablecoins and digital assets. It is reported that the system will prioritize deducting the stablecoin balance in the digital wallet linked to the credit card, and when the balance is insufficient, the difference will be automatically paid by the credit card. Previously, KB Card disclosed in January this year that it had applied for relevant patents involving a hybrid payment system that connects existing credit cards with digital wallets.

According to Forbes, CEX's spot and derivatives trading volume surged to $9.72 trillion in August, setting a new annual record; the annual trading volume of major exchanges reached $80 trillion.The market is showing a dual-track development: CEX attracts institutions and retail investors with high liquidity, a compliant framework, and a user-friendly interface; DEX, on the other hand, enables cross-chain trading and yield through smart contracts, with platforms like Hyperliquid gaining attention for their deep liquidity pools.Both models face challenges: CEX is confronted with regulatory risks and single points of failure, while DEX must deal with smart contract vulnerabilities and complex user experiences. The future trend points towards a hybrid model: combining the speed and liquidity of CEX with the autonomy and innovation of DEX. Cross-chain interoperability, atomic swaps, and liquidity aggregators are eliminating ecological fragmentation and paving the way for mainstream adoption.

Real estate investment firm Cardone Capital founder Grant Cardone posted on the X platform that he has added 888 BTC to the "Bitcoin Real Estate Hybrid Project" 101 Mizner Boca, and the related BTC purchases have been fully completed.

According to Cointelegraph, real estate investment company Cardone Capital has announced the launch of an innovative hybrid fund that combines traditional commercial real estate with Bitcoin asset allocation for the first time.The company's latest acquisition is a multifamily residential project valued at approximately $235 million, which includes 366 units, with about $100 million of the funds allocated for purchasing Bitcoin. The fund leverages the stable cash flow, low volatility characteristics, and tax advantages provided by real estate, using rental income to continuously increase its Bitcoin holdings. The company aims to go public with this vehicle, creating a listed entity that has "real assets, income, and tenants," similar to a digital asset treasury model. This move is seen as a cross-border innovation between real estate and crypto assets, potentially injecting new strategies into traditional Real Estate Investment Trusts (REITs).

ChainCatcher news, according to The Block, the hybrid decentralized exchange GRVT based on the Ethereum scaling layer ZKsync has completed a $19 million Series A funding round, led by ZKsync and Further Ventures, with participation from EigenCloud and 500 Global.The new funds will help GRVT expand its product range, covering cross-exchange treasury, cross-chain interoperability, and plans to utilize EigenDA's programmable privacy features. GRVT combines the user experience and compliance of CEX with the self-custody features of DEX. Its mainnet Alpha version is set to launch on ZKsync by the end of 2024, with trading categories expanding from cryptocurrency perpetual contracts to spot and options. Currently, GRVT is applying for operating licenses in multiple locations and had already obtained a VASP license in Lithuania back in 2023. Previously, GRVT raised approximately $14.3 million through multiple funding rounds and secured $2.2 million through a private token sale in March 2024. GRVT is set to conduct its TGE in Q1 2026, with community rewards accounting for 20% of the total token supply.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the hybrid liquidity decentralized exchange IDEX has been the project with the most unfollows from top figures on X (Twitter), with new influential figures unfollowing this project including RookieXBT(@RookieXBT).

ChainCatcher news, EdgeX Labs announces the launch of its new official website, showcasing a hybrid AI + DePIN technology architecture that integrates cloud and edge, along with a global computing power network map. This upgrade focuses on PaaS and SaaS-level AI services, deeply integrating multimodal large language model capabilities, hybrid AI computing scheduling protocols, and a global node network, providing developers and enterprises with full-link support from model deployment, personalized fine-tuning to real-time inference. At the same time, the newly integrated TTS voice service and multimodal interaction system enable low-latency and efficient collaboration of text, images, and voice within the same intelligent network.EdgeX Labs smart hardware matrix: PoS GPU-Server is aimed at enterprise-level high-concurrency inference, PoW AI Dual Gateway (XR7) meets the edge computing needs of individuals and families, while AI VoiceKey provides a voice interaction entry point anytime, anywhere. Relying on cloud-edge collaboration and the PoW + PoS collaborative mechanism, over ten thousand nodes are stably operating globally, covering a diverse range of scenarios from lightweight AI Agents to 70B parameter-level models.

ChainCatcher news, 10K Ventures has officially completed the first phase of raising $10 million for its crypto mixed strategy investment fund. The institution currently manages approximately $20 million in crypto assets and will continue its "early support + primary and secondary linkage" strategy, focusing on sectors such as AI Agents, stablecoins, and DeFi.It is reported that [10K Ventures](https://www.rootdata.com/zh/Investors/detail/10K Ventures?k=MTI3Mjk=) was co-founded by Michael Jin, former head of OP Crypto Asia Pacific, and Zixi Zhu, former head of crypto at a dollar fund. It employs a "primary + secondary + quantitative" mixed strategy, covering the entire lifecycle of crypto assets, focusing on capturing early Alpha and building multi-layered return strategies. At the primary level, 10K Ventures excels at early identification and support of high-quality teams with a long-term vision, continuously empowering projects to grow into industry leaders through deep financial and resource support; at the secondary level, 10K Ventures adheres to fundamental investment logic, leveraging information advantages and computation to seize secondary and OTC opportunities for high-potential projects. At the quantitative level, 10K Ventures collaborates with professional institutions to achieve stable annualized returns for the fund through strategies such as funding rate arbitrage and spot-futures hedging.

ChainCatcher news, according to PR Newswire, Bloomberg has launched the Bloomberg Bitcoin Gold Index Series, which includes the Bitcoin Gold Equal Weight Index (BBIG) and the US Dollar Bitcoin Gold Equal Weight Index (BBUG). Bloomberg data shows that the cryptocurrency market will receive over $220 billion in investments in 2024, distributed across more than 250 ETF products.The index is designed to combine the growth potential of Bitcoin with the stability characteristics of gold, using a unit-based framework that supports future modifications and customizations based on client needs. Jigna Gibb, Head of Commodity and Crypto Index Products at Bloomberg Index Services LLC, stated that this will be the first of many mixed indices of commodities and digital assets.

ChainCatcher news, the AI Agent platform Hybrid announced the completion of its seed round financing, with participation from Outlier Ventures, NxGen.xyz, Follow the Seed, Founderheads VC, CSP DAO, X Ventures, among others. The specific amount of financing has not been disclosed, and the new funds will be used to build an on-chain smart layer to support the creation and monetization of AI agents in the Web3 ecosystem.

ChainCatcher news, the decentralized streaming platform Theta has released its roadmap for 2025. In the first half of 2025, the focus will be on launching the hybrid cloud edge architecture of EdgeCloud in June and expanding the rapidly growing edge network. This release will fully support a distributed edge architecture across devices, regions, and configurations, capable of prioritizing and opting out of specific job types, as well as analyzing completed jobs. A developer API interface will also be released, providing developers with the tools needed for efficient development on EdgeCloud. Other key features will be launched based on the needs of current EdgeCloud customers, such as persistent storage, GPU node upgrades, and on-demand API access to AI models. These features, along with the beta version of the AI Agents platform, will automatically utilize AI models through on-chain autonomous interactions to enable a wide range of use cases and encourage adoption by customers in key target areas such as academia, private enterprises, professional sports, and esports.In the second half of the year, the Theta Hackathon will be expanded into an offline event, providing ongoing support for Theta ecosystem projects. Discussions are underway with several well-known professional sports and esports teams, hoping that EdgeCloud can assist them in formulating AI strategies and potentially launching sub-chains to support their business use cases. Third-party platforms are also considering integrating TDROP as a user participation token, starting with OpenTheta, with more platforms expected to launch by 2025. Additionally, there is an evaluation underway to possibly rebrand TDROP to extend its utility to AI agents, RAG chatbots, and other consumer-facing AI and video AI applications built on EdgeCloud. Finally, the hybrid edge cloud architecture of EdgeCloud will be fully launched in 2025, including intelligent job orchestration and optimization, as well as comprehensive support for Linux, Windows, and Mac.

ChainCatcher news, the hybrid Layer2 platform BOB announced a partnership with the Bitcoin staking protocol Babylon to bring Bitcoin's finality into its hybrid L2 network. BOB combines the security of Bitcoin with the flexibility of Ethereum smart contracts, focusing on expanding Bitcoin's functionality and liquidity. Its innovative products include one-click staking services and liquid staking tokens (LSTs), which have contributed over $200 million in TVL. As part of a strategic upgrade, BOB will introduce the largest Bitcoin LST asset LBTC and become the fourth largest native LBTC deployment network.In addition, BOB announced that it will allocate additional Babylon points to users within the next 45 days, incentivizing more users to participate in the Bitcoin staking ecosystem and building a bridge for trustless cross-chain liquidity.

ChainCatcher news, according to Cointelegraph, the hybrid cryptocurrency exchange GRVT has announced that it has obtained a modified (M) digital asset business license from the Bermuda Monetary Authority (BMA), allowing the exchange to operate as a regulated decentralized exchange (DEX).GRVT co-founder and CEO Hong Yea stated that after obtaining the initial M class license under the Bermuda Digital Asset Business Act (DABA), its goal is to obtain a full (F) class license by mid-2025 and further expand its business in a sandbox environment.

ChainCatcher message, released by BOB, a hybrid L2 project driven by Bitcoin and Ethereum, publishes the Hybrid L2 white paper.Hybrid L2 is a brand new model that combines the security of Bitcoin with the innovation of Ethereum DeFi, ultimately making Bitcoin the core of the entire DeFi ecosystem. BOB's hybrid L2 design aims to fundamentally change the way Bitcoin is used in DeFi finance, with its ultimate form inheriting Bitcoin's security and supporting trustless Bitcoin deposits and withdrawals.

ChainCatcher message, Euler Finance announced on social media that it has launched the hybrid stablecoin Maxi, which is composed of tokenized treasury bills USDY, interest-bearing synthetic dollar stUSD, synthetic dollar USDe, and fiat stablecoin USDC. The backing assets will be actively managed by K3 Capital, MEV Capital, and Re7 Labs.

ChainCatcher news, the AI and blockchain integrated platform Hybrid announced the launch of the Hybrid Network Incentivized Testnet on CoinList. To conduct real-world testing of the network's reliability, operation, and performance, Hybrid will provide 60,000,000 HYB tokens (6.0% of the total supply) to eligible participants as a reward for their contributions.It is reported that Hybrid is a comprehensive platform aimed at integrating AI and blockchain, offering two core products: Atlas (a Web3 Copilot) and a custom AI agent framework that allows users to create complex AI agents with minimal coding knowledge.

ChainCatcher news, according to CryptoSlate, the distributed cloud GPU network project Aethir and the decentralized video transmission Theta Network are collaborating to launch the largest hybrid GPU marketplace through the Theta EdgeCloud program, providing global GPU computing power for developers and enterprises, which can reach 20-30 times that of current industry networks.It is reported that Theta Network is gradually integrating AI and video processing capabilities into its platform, and the EdgeCloud platform aims to provide users with GPU processing power to support areas such as extended reality experiences and video AI.In addition, this collaboration aims to provide distributed computing capabilities to address supply chain issues in the AI industry and offer enterprises convenient GPU computing resources. The partnership will launch a hybrid cloud-distributed GPU marketplace fully integrated into the EdgeCloud platform, providing enterprise-level resources for developers and enterprises worldwide.