Commodity brokers gear up to trade AI compute futures as CFTC review continues
Photo: Crypto Briefing
ADM Investor Services, BGC Group and Nanhua USA are preparing to offer derivatives tied to Nvidia GPU rental prices, pending regulatory approval Wall Street has futures for oil, corn, cattle and orange juice. Soon it may have them for renting an Nvidia chip by the hour. Commodity brokers are preparing to trade derivatives based on the cost of renting AI computing power. The products would turn GPU time into something traders can hedge, speculate on and price years ahead, assuming US regulators sign off.
Source: Crypto Briefing
