China Developing AI Token Futures Market as Part of Global Competition with U.S.
Sources indicate China is exploring a futures market for AI tokens through the Shanghai Futures Exchange, contrasting with U.S. exchanges like CME Group and Intercontinental Exchange that are developing GPU compute power futures. The initiative aims to provide hedging tools along the AI supply chain but remains in early stages without clear timelines or regulatory approval.
Topics: AI China-US competition futures trading Shanghai Futures Exchange