RAX Finance
RWA yield protocol tokenizing AI compute and energy
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About RAX Finance
RAX Finance is a real-world asset finance layer for AI compute and energy, renamed from HashPower in 2025, focused not on mining but on making GPU fleets and data centre power collateralisable and tradeable. It has two tracks: a stablecoin track issuing USDR against USDT and USDC, with sUSDR staking, allocating to Treasuries and senior loans to compute and energy operators under a priority waterfall; and a compute asset track tokenising GPUs and power infrastructure by tranche to collect lease and electricity cash flow. A regional compute price index quotes dollars per GPU-hour by model and region, alongside spot and forward capacity markets. The pain point is that compute contracts are not standardised or financeable, leaving operators short of capital and investors without a pricing benchmark.
A waitlist opened in January 2026 and on 24 February it announced a partnership with BlockSec Arena to add security for asset flows and confidentiality. By October the site showed vault lending, compute market listings and the regional index.
RAX Finance (now hashpowerx.com) partnered with BlockSec Arena on February 24, 2026 and with 4AI on February 27, advancing its RWA layer for AI infrastructure.
RAX Finance's protocol keeps expanding ecosystem partnerships around the on-chain representation of AI compute assets.
RAX Finance's Future strategy and roadmap: Strategically, RAX plans to deepen integrations with security-tech and AI-service providers, broaden RWA asset classes and cross-chain coverage, and advance the token and product plans backed by its earlier $4 million strategic round led by HashKey (no token issued yet).
Larry (Chief Business Officer): Formerly BDM at Certik APAC, Business Development Director at Salus Labs, currently CSO of Metatrust Special Security Services, graduated from Georgetown University.