CME Group to Partner with Silicon Data to Launch Hash Rate Futures Market

BlockBeats News, May 12th, according to market sources, the Chicago Mercantile Exchange (CME) and GPU market intelligence and benchmark data industry leader Silicon Data announced today that they will launch a hashrate futures market later this year, currently awaiting regulatory approval.

The new futures contracts will allow traders, financial institutions, AI developers, and cloud service providers to hedge and manage volatility and price risk in the multi-trillion-dollar hashrate market.

These products will be based on Silicon Data's index, the world's first daily benchmark index for GPU rental rates on demand.