CME to launch hashrate futures market in partnership with Silicon Data

Glonghui, May 12｜CME Group and Silicon Data, a leading provider of GPU market intelligence and benchmark data, announced today that they will launch a compute power futures market later this year, currently pending regulatory review. The new futures contracts will enable traders, financial institutions, AI developers, and cloud service providers to hedge and manage volatility and price risk in the multi-trillion-dollar compute power market. These products will be based on Silicon Data's index, which is the world's first daily benchmark indicator for on-demand GPU rental rates.