Hyperscale Data Announces Live Access to Decentralized Exchange on the Ault Blockchain through Ault Markets
Planned asset additions include tokenized precious metals, while access to the beta exchange remains invitation-only.
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Rhea-AI Summary
Hyperscale Data (NYSE American: GPUS) announced live, invitation-only access through Ault Markets to the decentralized exchange operating on the Ault Blockchain. The exchange remains in beta, a testing-stage format. Ault Markets created the software that provides access to the exchange, which launched directly on the blockchain. Listing decisions and trading are not controlled by a centralized entity.
The company plans to expand the assets available through Ault Markets, including tokenized silver, gold and platinum, represented digitally on the blockchain. These additions have not launched; further announcements will provide details as they progress toward launch. Access remains restricted to invited participants. Interested users can request an invitation at AultMarkets.com and join the list for asset and platform updates.
Key Terms
decentralized exchange technical
blockchain technical
tokenization financial
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Ault Markets, Inc. created the Ault Markets software to provide access to the DEX that launched natively on the Ault Blockchain. Following the model of other decentralized exchanges, listing decisions and trading on the DEX are not controlled by a centralized entity. The launch of Ault Markets follows the Company's previously announced plans to develop the exchange and expand its blockchain-based financial technology offerings.
Access remains by invitation only. Interested participants can visit AultMarkets.com to request an invitation and join the list for updates on new assets and platform developments.
The Company plans to substantially expand the range of assets available on Ault Markets and tradeable on the DEX, with planned additions including tokenized silver, tokenized gold and tokenized platinum. Further announcements will provide details as these products progress toward launch.
"We have been developing Ault Markets for some time and have shared our progress through a series of press releases over the past year and a half," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "The platform we have been discussing is now live, and we are very proud of the work that our team and our core contributors accomplished to reach this milestone.
"We believe tokenization will be one of the most important developments in financial markets over the next 10 years, with the potential to change how people access, own and trade assets. We are proud to have Ault Markets in a position to participate in that opportunity as we continue building and expanding the platform."
The Company will continue to update stockholders and interested participants as the invitation-only rollout progresses and additional assets are introduced.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it offers colocation and hosting services for the emerging AI ecosystems and other industries. Another of Hyperscale Data's wholly owned subsidiaries, Ault Capital Group, Inc. ("ACG"), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.
Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets and the third wholly owned subsidiary of the Company, Omnipresent Robotics, LLC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.
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SOURCE Hyperscale Data Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Is Hyperscale Data's Ault Markets exchange access live?
Ault Markets now provides live, invitation-only access to the decentralized exchange operating in beta on the Ault Blockchain. The access software is live, but participation is not open to everyone.
What assets does Hyperscale Data plan to add to Ault Markets?
Hyperscale Data plans to add tokenized silver, tokenized gold and tokenized platinum to the assets available through Ault Markets and tradeable on the decentralized exchange. Further announcements will provide details as these products progress toward launch.