The Financial Infrastructure of the AI Economy

Price. Hedge. Trade.

Reference pricing, institutional trading, and risk management for AI infrastructure assets.

The Problem

No standard pricing for the world's most critical hardware.

Over $100 billion in GPU-backed capital has no reliable reference price. Lenders, operators, and traders mark positions against spreadsheets and phone calls. The infrastructure that powers AI deserves financial infrastructure of its own.

Products
Live

Stoa Index

Real-time, VWAP-weighted reference pricing for GPU hardware. Grade-normalized across conditions, built from verified market data.

  • Mark GPU-backed portfolios to market
  • Benchmark hardware valuations across SKUs
  • Track pricing trends across the secondary market
View Live Index

RFQ Marketplace

Institutional request-for-quote platform for GPU hardware. Submit a request, receive firm quotes from verified dealers, execute at transparent prices.

  • Source GPU hardware at competitive prices
  • Respond to institutional buyer demand
  • Execute with transparent, index-anchored pricing
Learn more

Derivatives Exchange

Cash-settled derivatives on AI infrastructure assets. Hedge hardware exposure, manage risk, and gain price exposure without physical delivery.

  • Hedge GPU price exposure
  • Access AI infrastructure as a tradeable asset class
  • Settle against trusted reference prices
Learn more
Coverage

Built on real market data.

The Stoa Index aggregates data from public markets, broker networks, and verified secondary market transactions. Every price is grade-normalized and VWAP-weighted to produce institutional-grade benchmarks.

VWAP-Weighted

Institutional-grade volume-weighted methodology across source categories.

Grade-Normalized

Condition-adjusted pricing across hardware grades A through D.

Multi-Source

Verified dealers, secondary markets, and public retail channels.

Daily Updates

Continuous coverage across the GPU secondary market.

H100 SXM5H100 PCIeH100 NVLA100 80GB SXMA100 80GB PCIeH200 SXMB200GB200H100 SXM5H100 PCIeH100 NVLA100 80GB SXMA100 80GB PCIeH200 SXMB200GB200H100 SXM5H100 PCIeH100 NVLA100 80GB SXMA100 80GB PCIeH200 SXMB200GB200H100 SXM5H100 PCIeH100 NVLA100 80GB SXMA100 80GB PCIeH200 SXMB200GB200
Built For

Infrastructure-grade tools for institutional participants.

Lenders & Credit Funds

Mark GPU-collateralized portfolios with daily reference prices.

Data Centers & Operators

Value hardware holdings and track depreciation in real time.

GPU Brokers & Resellers

Price against the market, not against your last trade.

Hedge Funds & Trading Firms

Access AI infrastructure as a new asset class to trade and hedge.