Architect Financial Technologies plans to launch perpetual futures contracts linked to GPU and memory pricing

BlockBeats News, January 21 — According to The Block, Architect Financial Technologies, founded by former FTX US President Brett Harrison, plans to launch perpetual futures contracts linked to GPU and memory pricing.

The announcement states that the company’s trading platform for institutional users, AX, is about to launch perpetual futures aimed at tracking the daily rental prices of GPUs used for artificial intelligence model training and inference, as well as dynamic random-access memory (RAM) pricing. The platform is currently awaiting regulatory approval. It is reported that these contracts are developed in collaboration with computing index provider Ornn Data, which offers benchmarks based on real-time GPU trading data.

In December last year, Architect Financial Technologies completed a $35 million funding round, with a valuation of approximately $187 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)