Jump Trading hires Itô founders to run a new compute trading desk

What happened

Itô co-founder Affaan announced the move in a social media post on October 12, 2026. The post Jump Trading hires Itô founders to run a new compute trading desk appeared first on Crypto Briefing .

13, 2026 Jump Trading has hired the entire founding team of Itô, a startup built around trading access to computing power. What Jump is actually buying Itô’s specialty is trading access to computing power and AI inference capacity.

Inference is the work an AI model does after it’s trained, answering prompts and generating output. These deals mostly run for 3 to 5 years.

Advertisement Contract sizes in this segment typically span tens of millions to hundreds of millions of dollars, with some reaching the low hundreds of millions. Early trading activity shows that approximately 30% of these mid-market contracts require upfront payments.

Buyers are being asked to put real cash down before the compute is delivered. AI, tech, and the markets they move—in one daily briefing. Join 34,000+ readers across crypto, finance, and policy.

Key facts

• Itô co-founder Affaan — announced: the move in a social media post on October 12, 2026