USD.AI launches GLX, a marketplace for selling GPU loans to institutions
- —First GLX trade is a $98.1 million GPU loan to Duos Edge AI
- —USD.AI has processed over $400 million in GPU financing since last year
- —GPU financing pipeline exceeds $25 billion
- —sUSDai vault utilization hit a record 78%
Why it matters: Selling loans to institutions shortens how long sUSDai capital stays locked and speeds up capital recycling in GPU financing.
Source: Blockmedia