INSURANCE / 03

GPU Residual Value Guarantee

Guarantees the floor value of GPU inventory at a defined future date. Enables debt financing, asset leasing, and longer useful-life accounting. Transfers depreciation risk off the operator's book.

GPU market value

Market valueInsured floor

The Problem

What we're solving.

The debt that finances a GPU fleet is underwritten on assumptions about the asset's future value. Those assumptions are fragile: new architectures compress market value fast; a missed generation can strand inventory; demand shocks can reprice the entire compute complex overnight. Lenders impose conservative loan-to-value ratios or require the operator to carry depreciation risk themselves, limiting the capital available to fund new CAPEX.

The Product

How it works.

A residual-value guarantee that pays out if the value of a defined GPU inventory falls below an agreed floor at a defined future date. Settles against a Residual Value index and, where required, against observed secondary-market transaction data.

Transfers the depreciation risk to the insurance market. Enables higher advance rates on GPU-backed debt. Supports leasing structures and longer useful-life accounting.

Who buys it

Built for these counterparties.

GPU clouds financing new CAPEX who need to transfer depreciation risk off balance sheet
Infrastructure lenders seeking to hedge residual value exposure in GPU-backed debt portfolios
Leasing companies structuring operating leases on GPU fleets
Private credit funds underwriting GPU asset-backed lending

Structure Information