Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
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.