Liquid Compute emerges from stealth with $15 million seed round

Liquid Compute announced its emergence from stealth on September 15, 2026, with a $15 million seed round co-led by Chemistry and FirstMark. The announcement says applications for CFTC designated contract market and derivatives clearing organization status are pending. The company aims to build an order book for cash- and physically settled compute contracts, with a short-term market supporting cash-settled derivatives. It also says it has collaborated with Susquehanna International Group, BGC Group and Wintermute to facilitate over-the-counter trading for AI startups, neocloud providers and lenders.