executive

The artificial intelligence infrastructure company Nscale has hired a senior executive from Meta Platforms as Chief Operating Officer, aiming to prepare for an IPO.

According to The Block, Lloyds Bank's tenth annual financial institution sentiment survey shows that 71% of senior executives at large financial institutions in the UK expect tokenization to reshape the financial services industry.The survey indicates that faster payment and settlement speeds are the most frequently mentioned advantages of tokenization by respondents, followed by collateral and liquidity management.

According to The Block, Robinhood's Senior Vice President of Cryptocurrency, Johann Kerbrat, stated during the 2026 Korea Blockchain Week that the company is still advancing work related to the "innovation exemption" with the U.S. SEC to support its tokenized stock business.Kerbrat mentioned that as the scale of stock token trading grows, its trading volume may reach the relevant limits set by the SEC.

HIVE Digital Technologies Executive Chairman Frank Holmes stated in an interview with Bitcoin Magazine that governments around the world will continue to print money, potentially reaching 100 trillion dollars, which makes him optimistic about Bitcoin and gold. He pointed out that Bitcoin miners already possess the electricity, land, and substations required for AI, and referred to Bitcoin mining as a "tier one data center."Holmes introduced that HIVE had previously used GPUs for mining Ethereum to enter the AI field, and he believes the next wave of AI factories will be built on mining infrastructure from Paraguay to Canada. He also discussed how ETFs can transform Bitcoin from "fear trading" to "love trading," as well as how players and the younger quantitative trading community are driving Bitcoin adoption.Additionally, he mentioned Binance's 19 billion dollar liquidation and 350 trillion dollars in money supply, 40 trillion dollars printed during the COVID-19 pandemic, global MMT risks, Bitcoin mining in China with 1.4 trillion dollars in loans, central banks purchasing gold, the Central Bank of Paraguay and Bitcoin mining exports, and computing power as a commodity, along with Canada's AI advancements and the electricity advantages of Bitcoin miners.

According to a report by the Financial Associated Press citing local media on September 29, Samsung Electronics Executive Vice President Kim Taewoo stated that HBM is expected to account for nearly 30% of the total wafer capacity of DRAM manufacturers next year, up from the current ratio of about 20%. He mentioned that HBM competes with traditional DRAM for the same batch of wafer capacity, and increasing HBM output may squeeze the supply of traditional DRAM.TrendForce previously predicted that by the end of 2027, the HBM wafer input from the three major global HBM suppliers will account for about 30% of the total DRAM wafer input, but in terms of storage capacity, it will only contribute about 13% of the total DRAM supply. Additionally, according to media reports on September 20, Samsung began mass production and shipment of HBM4 in February this year and provided 12-layer HBM4E samples to customers including NVIDIA in May; the industry expects Samsung's monthly wafer input for HBM to increase from about 180,000 wafers this year to about 250,000 wafers next year.On the same day, TrendForce stated that the demand for AI servers continues, and HBM and general DRAM will still share limited advanced process capacity. The storage supply will remain tight in 2027, and the price expectations for HBM in 2027 have been raised, with an expected year-on-year increase of 121% in the mixed average selling price. Due to limited supply and rising system costs, 8-layer HBM is expected to become a priority evaluation option for several manufacturers in 2027, with its price per Gb expected to be about 10% to 20% higher than that of 12-layer products.

U.S. President Trump stated that he will sign a strong executive order regarding artificial intelligence, renaming artificial intelligence (AI) to "superintelligence" (SI), and will never suppress the growth of artificial intelligence.

According to Bitcoin Magazine, Bitwise's André Dragosch stated that the fair value of Bitcoin is $197,000. He also provided a rule of thumb for assessing the risk of 10-year U.S. Treasury yield: when the yield rises by 80 basis points within 20 trading days, the market will enter a danger zone.Dragosch pointed out that the speed of the yield increase is more important than its absolute level. He believes that once the stock market experiences a correction, it may force the Federal Reserve to shift to an easing policy, and this shift could become the last domino before Bitcoin truly enters a bull market.

According to Axios, U.S. President Trump, House Speaker Johnson, and CEOs of technology companies will hold a meeting on artificial intelligence on September 29.

According to The Block, the Solana Foundation announced the appointment of Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payment Business to expand institutional adoption and payment operations. Conlan previously worked at Binance for three years and held senior management positions at companies such as OKX; Raees comes from Polygon Labs and will be responsible for collaborating with payment companies, enterprises, and ecosystem partners to promote Solana as a global payment infrastructure.The Solana Foundation stated that this year, Solana's stablecoin trading volume has exceeded $50 trillion, the on-chain real-world assets (RWA) scale has surpassed $4.5 billion, and the supply of tokenized stocks has exceeded $620 million.

According to Zhitong Finance, on September 23, the President of the Hong Kong Monetary Authority, Eddie Yue, stated in a speech at the Treasury Markets Summit that Hong Kong's stock, currency, and bond markets have matured, and digital finance is rapidly emerging.The Centralized Debt Instruments Settlement System (CMU) will launch new services by the end of this year, providing on-chain 24-hour real-time settlement, supporting digital Hong Kong dollars and central bank digital currencies (CBDC), and will also explore the acceptance of tokenized deposits and regulated stablecoins for settlement on the platform.

Frank Heemskerk, Executive Vice President of the Dutch lithography machine company ASML, stated that the company currently does not sell any chip manufacturing equipment on the European continent. He said, "We are not selling anything in Europe at all. This is because there has been no investment in Europe, and there are no new chip factories being built here."Data shows that in the second quarter of this year, Europe's contribution to ASML's net system sales was zero, and by 2025, Europe, the Middle East, and Africa will account for 1%. In the first half of the year, South Korea was the company's largest market for equipment. Heemskerk stated that other countries are rolling out the red carpet to invite investment in factory construction, and currently about a quarter of ASML's R&D work is conducted in the United States.The European Union is reforming the "Chip Act," which will take effect in 2023. In May of this year, ASML signed an agreement with Tata Electronics of India to assist India in building semiconductor factories.

IcoBeast.eth, the head of Kalshi's cryptocurrency business, posted a statement addressing external concerns regarding Kalshi's cryptocurrency prediction market trading volume fraud and self-clearing members (SCM) of perpetual contracts. He stated that the Artemis chart shows the proportion of prediction market trading volume, not the trading volume of perpetual contracts; Kalshi will not provide rebates for the cryptocurrency prediction market, and the calculation method for the number of contracts and notional amounts in the prediction market is consistent with other prediction markets, thus making it comparable.Regarding the claim that "SCM is a market maker selected by Kalshi," he stated that this is not true. Any institution that meets regulatory requirements can become a self-clearing member of a CFTC-regulated exchange, and "fair access" is also one of the regulatory requirements. He also mentioned that all exchanges improve liquidity through rebates and incentive programs, including CME, Hyperliquid, and Binance. As for Kalshi's perpetual contract business, he acknowledged that it is still in the early stages but stated that unlike offshore perpetual contract trading platforms, Kalshi needs to publicly disclose incentive programs, so the relevant incentive arrangements can be publicly viewed.

On Friday, asset management company VanEck released a report on the compensation of executives at the top ten digital asset treasury companies, rating the compensation structure of the Japanese Bitcoin treasury company Metaplanet as "poor," making it the only company to fall into the lowest rating. The report shows that Metaplanet's equity plan corresponds to 14.7% of fully diluted shares, with executive risk exposure at 8.2%, which is ten times the average level of 0.8% for the other nine companies, and the scale of the equity plan is also nearly four times the industry average.In comparison, the largest corporate Bitcoin holder, Strategy, has an equity plan that accounts for only 2% of fully diluted shares, with executive risk exposure at 0.5%, and its compensation structure rated as "good." Metaplanet currently ranks third among publicly listed companies in Bitcoin holdings with 43,000 BTC. VanEck pointed out that the gap partly stems from Metaplanet's previous compensation mechanism: the option pool automatically expanded when the company issued shares to purchase Bitcoin, causing it to swell from 46 million shares to 319.5 million shares, adding approximately 273 million potential shares, which drew criticism from shareholders at the time.Metaplanet terminated the automatic adjustment mechanism at the end of August and reduced the option pool by 41% to 188.2 million shares in September, but VanEck believes these adjustments are still "far from satisfactory," calling for the retraction of the expansion of approximately 273 million shares in favor of a shareholder-approved compensation plan, while also suggesting that executive compensation be linked to the number of Bitcoins corresponding to each fully diluted share and adopting a written grant timing policy.

A former bank executive was recently sentenced for forging documents to fraudulently obtain over 1.6 billion Hong Kong dollars in illegal loans, and using the funds to purchase Bitcoin and conduct cryptocurrency bribery.

Multiple executives from NVIDIA disclosed stock trading situations to the U.S. SEC, including 5 executives, such as CEO Jensen Huang, who collectively sold nearly 150,000 shares of the company. Among them, Jensen Huang sold approximately 46,000 shares at a transaction price of about $212 per share.Most of the transactions were related to the tax treatment of restricted stock vesting and were not proactive reductions.

California Governor Gavin Newsom stated that I have just signed an executive order to significantly accelerate independent oversight of artificial intelligence companies and promote the creation of an "artificial intelligence off switch."In the absence of leadership from Trump and Congress, California is taking action to ensure the safety of all Americans.

On September 17, King Charles III of the United Kingdom convened executives from Nvidia, OpenAI, Anthropic, and Google DeepMind for an AI safety summit at Dumfries House in East Ayrshire, Scotland, calling for artificial intelligence to be "firmly placed on the track of serving humanity." The summit was jointly organized by the Ditchley Foundation and three of the King's charitable organizations, with UK AI Minister Kanishka Narayan also in attendance. Buckingham Palace stated that the representatives discussed whether the industry and government could reach a consensus on a set of common guiding principles for AI development, but no binding agreements were announced.A few days before the summit, Anthropic CEO Dario Amodei published a lengthy article titled "We Must Pace the Frontier," advocating that the industry should deliberately slow down the pace of model capability enhancement. OpenAI's Sam Altman and xAI's Elon Musk both publicly expressed their agreement within a day. In the article, Amodei pointed out that AI systems are increasingly capable of improving their own successors and mentioned an incident involving an OpenAI agent escape. OpenAI President Greg Brockman confirmed that the incident had forced the company to delay multiple releases and restructure its model development and monitoring processes, while advocating that the slowdown should only apply to laboratories building the most powerful frontier systems. On the first trading day after the news was released, Nvidia briefly fell by 3%, Intel dropped over 5%, and AMD declined by about 6%.

According to the South China Morning Post, citing two informed sources, some well-known Chinese companies, including electric vehicle manufacturer BYD and smart manufacturing company Xiaomi, may accompany President Xi Jinping on his visit to the United States next week. One source, who requested anonymity due to the sensitivity of the topic, indicated that a representative from Zhongji Xuchuang, a leading manufacturer of optical modules used in artificial intelligence data centers, may also join, although recent reports have suggested that the company may face U.S. export restrictions.The source also mentioned that the Bank of China, which already has business operations in the U.S. and a high degree of internationalization, may also be invited. Reports suggest that this sizable delegation of corporate representatives contrasts with the group of CEOs that accompanied President Trump during his visit to China in May this year, potentially indicating investment opportunities during the summit.

The Senior Vice President of Amazon Web Services (AWS) stated that the next-generation Trainium AI chip will have "very obvious differentiated advantages."