Stoa Markets Launches GPU and AI Server Trading Marketplace with $300M First-Month RFQs
Y Combinator-backed startup Stoa Markets has launched an online marketplace for buying and selling new and used GPUs and AI servers, aiming to replace the fragmented, manual trading process currently dominated by phone calls and email threads. Founded by Eren, Berat, and Kaan — veterans of derivatives trading and energy markets — the platform standardises hardware requests by requiring buyers to specify configuration, condition, warranty, and delivery terms before quotes are issued. Verified dealers respond with firm, blind bids, and the platform tracks payment, shipping, and inspection through to settlement without taking physical possession of the hardware. The founders say the platform attracted over $300 million in requests for quotes during its first month of operation. Beyond streamlining transactions, Stoa also aims to build a reliable resale price dataset that could help lenders better assess GPU collateral values when financing data centre infrastructure.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Discussion (0)
Log in to join the discussion and vote.
Log in