Recent Updates — ETHZ
Forum Edge AI LLC, a joint venture between Forum Markets and Edge Node Inc., entered into a definitive agreement with Fireworks AI to reserve 96 enterprise-grade Nvidia B300 GPUs at its Dallas data center facility. The contract spans 36 months with a total value of approximately $94.4 million, covering GPU capacity and associated CPU management fees. Fireworks provided a substantial prepayment deposit credited against future fees, with deployment expected in late December or early January. This marks the first finalized customer commitment for Forum Edge AI, validating its strategy to deploy cash-generating AI infrastructure assets quickly.
Forum Markets and Edge Node Inc. entered into a definitive agreement to form Forum Edge AI LLC, a joint venture focused on deploying high-performance inference compute capacity at existing powered sites across the U.S. Forum holds a 51% controlling interest and will consolidate the JV's financial results. The initial Phase 0 deployment comprises approximately 11 MW of energized capacity, including a Dallas data center expanding to 4 MW by early 2027, a North Carolina campus with 6 MW expected in Q1 2027, and an initial mobile tower site. Compute capacity is fully allocated to long-term off-take partners. In connection with the partnership, Forum will issue approximately 9.95% of its outstanding shares (about 1.46 million shares) to Edge Node upon achievement of performance milestones. The company introduced full-year 2027 consolidated revenue guidance of $125 million to $175 million and anticipates becoming cash flow positive in early 2027. Forum Markets sources and operates cash-generating assets in AI infrastructure, commercial aerospace, manufactured housing finance, and auto credit.
Forum Markets, Incorporated announced that Crystal Heter resigned from its Board of Directors and all committee memberships effective August 19, 2026. The resignation was not due to disagreements regarding operations or strategy but resulted from Ms. Heter's appointment as President and CEO of Tallgrass Energy, LP on March 27, 2026. This departure is a routine executive transition without material impact on the company's value or risk profile. Forum Markets operates in the financial technology sector, providing market data and analytics solutions.
On July 28, 2026, Forum Markets, Incorporated acquired a CFM56-7B aircraft engine for $11.65 million in cash through its subsidiary Eurus Aerospace Token I LLC. Concurrently, the company leased the asset to a major airline and entered into a servicing agreement with Aero Engine Solutions, Inc., which includes purchase options for both parties contingent on lease termination or expiration. Forum Markets operates in the aerospace equipment leasing industry.
On July 13, 2026, Forum Markets, Incorporated, through its subsidiary Eurus Aerospace Token I LLC, acquired a CFM56-7B22 aircraft engine from Aero Engine Solutions, Inc. for $11.65 million in cash. The engine is immediately placed under a lease agreement with a major airline to generate fixed monthly revenue and usage-based fees. The company also entered into a servicing agreement with Aero Engine to manage the asset. This acquisition expands the company's aviation portfolio to four engines, with a fifth acquisition expected in the coming weeks. Forum Markets is a digital asset platform that tokenizes real-world assets to provide investor access to cash-generating assets.