Forum Markets Commits up to $50M for AI GPU Bridge Loans Targeting Mid-Teens Returns
Forum Markets will deploy $25–50 million in 60–120-day bridge loans financing NVIDIA AI chips, targeting annualized returns in the mid-teens. The firm plans to tokenize portions of these loans on its platform, boosting its yield profile and unlocking institutional GPU credit exposure for a broader investor base.
1. Bridge Financing Arrangement
Forum will provide short-term bridge loans financing the acquisition and deployment of NVIDIA GPUs, filling the funding gap before permanent lenders step in. Each loan spans 60–120 days and is underwritten by a third-party originator with takeout commitments from USD.AI.
2. First Deal Commitment
The inaugural transaction commits between $25 million and $50 million to a U.S. neocloud operator at annualized mid-teens returns. Forum retains the option to fund additional deals under the same framework based on demand.
3. Tokenization Strategy
Forum plans to tokenize portions of its bridge loan investments on its Ethereum-based platform, aiming to enhance liquidity and broaden investor access. Tokenization is expected to generate ongoing asset management revenue and secondary market activity.
4. Market Growth Context
Global data center GPU spending is projected to grow from roughly $120 billion in 2025 to $228 billion by 2030, driven by generative AI adoption. NVIDIA posted a 75% year-over-year increase in data center revenue, underscoring strong sector momentum.