【BlockBeats】An interesting piece of information. Architect Financial Technologies, founded by former FTX US President Brett Harrison, plans to create something different—futures contracts specifically for institutional users.
What exactly is it? The daily rental price for GPUs used for AI model training and inference, along with memory (RAM) pricing, can be directly traded as futures assets. In simple terms, it means financializing the cost of computing resources. This plan is in collaboration with data provider Ornn Data, which supplies real-time GPU trading data as a benchmark.
Currently, the platform AX is awaiting regulatory approval and is expected to go live soon.
In terms of funding, Architect Financial Technologies completed a $35 million financing round in December last year, with the company’s valuation around $187 million. From former FTX executives starting a business, launching innovative derivatives, to an institutional-grade trading platform, this approach is quite interesting—after all, the issue of AI computing power costs is prominent right now, and tools for direct hedging and arbitrage are indeed lacking.
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MidnightMEVeater
· 5h ago
It's that FTX line again causing trouble... GPU futures? Laughable, even computing power can be sandwich attacked. They haven't even gotten regulatory approval yet they dare to leak information, I've seen this trick too many times.
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MultiSigFailMaster
· 5h ago
GPU futures? Is this guy trying to turn hardware costs into a casino too... Brett Harrison is back at it again, this time not crashing the market but trading computing power?
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rekt_but_vibing
· 5h ago
Wait, GPU futures? Is this guy really going to turn hardware costs into financial products? That's a bit extreme. But Brett Harrison leaving FTX to do this—I'll have to think about whether regulators will cause another round of chaos...
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hodl_therapist
· 5h ago
Is it FTX again? Is this really different this time or just another scam? GPU futures sound pretty good, but can you trust it?
From FTX to Architect: A New Type of Futures is Here, GPU and RAM Can Also Be Traded
【BlockBeats】An interesting piece of information. Architect Financial Technologies, founded by former FTX US President Brett Harrison, plans to create something different—futures contracts specifically for institutional users.
What exactly is it? The daily rental price for GPUs used for AI model training and inference, along with memory (RAM) pricing, can be directly traded as futures assets. In simple terms, it means financializing the cost of computing resources. This plan is in collaboration with data provider Ornn Data, which supplies real-time GPU trading data as a benchmark.
Currently, the platform AX is awaiting regulatory approval and is expected to go live soon.
In terms of funding, Architect Financial Technologies completed a $35 million financing round in December last year, with the company’s valuation around $187 million. From former FTX executives starting a business, launching innovative derivatives, to an institutional-grade trading platform, this approach is quite interesting—after all, the issue of AI computing power costs is prominent right now, and tools for direct hedging and arbitrage are indeed lacking.