Market maker Jump Trading disclosed that it has established an internal computing-power trading division and hired the founding team of Ito Markets, Affaan Mustafa and Alejandro Soumah Fernandez, through an acquisition. The specific terms of the deal have not been disclosed. Analysts believe that as the AI boom drives growing demand for computing resources, Jump’s move reflects how financial trading firms are accelerating their expansion into computing power as an emerging asset class.

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