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Architect Financial Technologies, founded by former FTX US president Brett Harrison, plans to launch perpetual futures contracts linked to AI compute markets through its exchange, AX, pending regulatory approval. These contracts will track daily GPU rental prices and DRAM pricing, developed in partnership with Ornn Data.

The products aim to help AI companies and data center operators manage volatility and depreciation risks. AX currently offers perpetual contracts for traditional assets and has raised $35 million in Series A funding, valuing the firm at $187 million. The exchange will allow margin trading funded in USD or stablecoins.