The contracts will let institutions trade and hedge the cost of data centre computing power.

Architect Financial Technologies said its perpetual futures exchange, AX, plans to roll out exchange-traded futures linked to compute prices, covering g raphics processing units ( GPUs) and random access memory (RAM), in partnership with Ornn Data, subject to regulatory approval. Contracts will be traded on margin and can be funded using US dollars or USD stablecoins The contracts will be based on Ornn’s indices, which track daily rental prices of GPUs used in AI workloads and DRAM mem