Architect, founded by the former president of FTX US, plans to launch perpetual futures contracts linked to GPU and memory pricing.

Techub News reported, according to The Block, that Architect Financial Technologies, founded by former FTX US president Brett Harrison, plans to launch perpetual futures contracts linked to GPU and memory pricing. The report stated that the company's institutional trading platform, AX, will launch perpetual futures products intended to track the daily rental prices of GPUs used for AI training and inference, as well as dynamic random-access memory (RAM) pricing. Architect indicated that the related products are still awaiting regulatory approval.