Computing power has caught the attention of market makers
Jump Trading has directly acquired the founding team of Ito Markets. Affaan Mustafa and Alejandro Soumah Fernandez have already joined, bringing a brand-new division to trade the usage rights of computing power. Financial terms were not disclosed.
Once market makers enter, computing power gets quotes, spreads, and counterparties. The cost on the training side becomes financialized, and decentralized computing power assets like $TAO $RENDER will be repriced, while the electricity and rack space in miners' hands, $BTC , also gain another monetization channel.
Would you dare place a limit order here, or wait for it to retest the previous low before making a move?
Jump Trading has directly acquired the founding team of Ito Markets. Affaan Mustafa and Alejandro Soumah Fernandez have already joined, bringing a brand-new division to trade the usage rights of computing power. Financial terms were not disclosed.
Once market makers enter, computing power gets quotes, spreads, and counterparties. The cost on the training side becomes financialized, and decentralized computing power assets like $TAO $RENDER will be repriced, while the electricity and rack space in miners' hands, $BTC , also gain another monetization channel.
Would you dare place a limit order here, or wait for it to retest the previous low before making a move?