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September 8th - According to South Koreas *Economic Tribune*, Apple (AAPL.O) and Japans Kioxia have signed a long-term supply agreement (LTA) for NAND flash memory. The reports speculation on the memory market suggests the contract is for three to five years and may have no price cap. This implies that Apple, with its significant bargaining power in memory price negotiations, is prioritizing securing a stable supply of NAND flash memory over cost reduction.Samsung plans to use ASMLs (ASML.O) top-of-the-line lithography equipment for DRAM production by 2028.On September 8th, the Hong Kong Stock Exchange (HKEX) China Opportunities Forum 2026 was held in Shanghai. At the forum, HKEX Group Chief Executive Officer, Chen Yiting, stated that more and more international investors are diversifying their portfolios, focusing on the Chinese market with more certain growth potential, leading to a historic revaluation of Chinese assets. Chen noted that secondary market trading in Hong Kong has remained high this year, with the average daily turnover in the spot market exceeding HK$280 billion in the first eight months, a year-on-year increase of 14%. The Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect have operated steadily, and the derivatives market has also remained active. Regarding primary market financing, as of the end of August, 104 companies have listed on the Hong Kong Stock Exchange this year, raising over HK$340 billion, exceeding the total level for 2025. Meanwhile, the investor structure of Hong Kong stocks continues to optimize, with international cornerstone investors accounting for a high proportion of Hong Kong IPOs in recent years. Furthermore, the source of investors is becoming increasingly diversified, with long-term funds from the Middle East, Europe, North America, and other Asia-Pacific regions continuing to increase, in addition to traditional Asian investors.ASML (ASML.O): TSMC (TSM.N) plans to use ASMLs High-NA technology in mass production at advanced nodes starting in 2030.ASML (ASML.O): The transition to larger 12-inch photomasks is expected to further improve wafer fab production efficiency, reduce chip manufacturing costs, and eliminate splicing limitations.

With a $20 Million Investment, eToro Will Enter The Blue-Chip NFT Space

Cory Russell

Apr 08, 2022 10:28

eToro has announced the formation of a $20 million fund to invest in blue-chip NFTs.


The money will be invested via eToro.art, the company's new platform.


Following the fund's inception, the trading business claims it will be "one of the largest NFT collectors internationally."


eToro, an Israeli social trading and multi-asset brokerage firm, has announced the formation of a $20 million non-fungible token (NFT) fund.

Blue-chip NFT Craze

Million-dollar JPEGs would have been laughable a decade ago. Even Nevertheless, everyone now wants an animated monkey NFT that could turn them into a billionaire. Blue-chip NFTs have carved out a place for themselves in this way.


A 'blue chip' firm is one that is considered a safe investment in the conventional financial market.


Blue-chip NFTs are those that have surged in price, such as Cryptopunks or BAYC. Market observers have begun to refer to these projects as "blue-chip NFTs," implying that they will maintain their high values for a long period.


With NFT fever on the rise, every collector is looking for a project that may turn out to be a blue-chip NFT. Finding the correct project early on, however, is not straightforward. eToro announced the opening of its $20 million fund on Thursday, with the goal of purchasing blue-chip NFTs and supporting developing ventures in the area.

eToro’s Entry in NFTs

According to an eToro news statement, the money will be invested in the company's newly created 'eToro.art' platform. The platform wants to deliver the NFT industry's 'joy and community' to its 27 million members.


Furthermore, eToro promises that once its assets are completely deployed, it will be "one of the world's top NFT collectors." NFTs from projects such as Bored Ape Yacht Club, CryptoPunks, and World of Women, among others, are already available on the eToro.art platform.


"As a firm with one eye continually on 'what's next,' eToro sees great promise in the metaverse and a spectrum of new digital assets," said Yoni Assia, Co-Founder and CEO of eToro.


Recently, more well-known businesses have been flocking to NFTs. Notably, high-profile personalities have followed Visa's example following its acquisition of CryptoPunk in August 2021. In February, KPMG Canada purchased a World of Women NFT. Simultaneously, Universal Music Group formed an NFT band centered on a Bored Ape figurehead.

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