Former FTX US president Brett Harrison’s Architect expands crypto-style perpetual futures into AI compute markets
Architect, founded by former FTX US president Brett Harrison, will introduce perpetual futures tracking AI compute pricing on its AX exchange.Summary
Architect Financial Technologies, led by former FTX US president Brett Harrison, is expanding its institutional exchange, AX, by introducing perpetual futures contracts tied to AI compute markets, pending regulatory approval. These contracts will track daily GPU rental prices and dynamic RAM pricing, marking the first exchange-traded futures based on compute. Developed in partnership with compute index provider Ornn Data, the products aim to help AI companies, data centers, and hardware vendors hedge volatility and depreciation risk associated with compute infrastructure. Architect's strategy involves applying crypto-style perpetual futures mechanics to regulated, real-world assets, building on its existing offerings in equities and foreign exchange for non-U.S. institutional traders.
(Source：The Block)