COMPUTE CAPITAL MARKETS

Summary from the TLDR Founders newsletter

Compute is the fastest-growing asset class in the world. The demand for compute will likely continue to increase. Supply will remain constrained across chips, memory, power, and data center infrastructure. A new universe of productive financial assets is emerging, which means there will inevitably be robust markets to price, finance, and hedge exposures around the underlying. There is an immense opportunity in building a marketplace with embedded financial primitives to allow producers and consumers of compute to rigorously express risk preferences along the price and availability curve. These new capital markets are uniquely suited for crypto rails.