GAIB

GAIB is a Singapore-based firm operating at the intersection of artificial intelligence and decentralized finance (DeFi). Founded in June 2024 by Kony Kwong (CEO), Alex Yeh, and Jun Liu (CTO), the company positions itself as an economic layer for AI compute. The founding team was driven by the observation that access to the high-performance GPU (Graphics Processing Unit) power essential for the AI boom was becoming increasingly centralized and inaccessible to smaller entities. Kwong's background as a crypto venture capital investor informed the company's core strategy of using blockchain to create new asset classes and markets.

The company's primary business is the financialization and tokenization of enterprise-grade GPUs. It addresses a critical capital bottleneck for AI infrastructure providers, such as data centers and cloud service companies, who face significant investment requirements for GPUs. GAIB provides capital solutions to these providers through structured financing deals—including debt, equity, or hybrid models—which are collateralized by physical GPU hardware. In return, GAIB tokenizes the cash flows and revenue streams generated from these GPU financing agreements, creating a new type of yield-bearing digital asset.

This model serves two main client types: AI infrastructure companies seeking funding and investors wanting direct exposure to the AI compute market, an opportunity historically limited to equity investments in large semiconductor or AI corporations. Revenue is generated through these financing activities, with projected gross yields varying from 10-20% for debt arrangements to over 60-80% for equity-based structures.

The core product for investors is the AI Dollar (AID), a synthetic dollar backed by a portfolio of these GPU financing deals, GPU cash flow, and a reserve of liquid assets like U.S. Treasury bills. Investors can mint AID by depositing stablecoins and then stake their AID to receive sAID, a liquid token that accumulates yield generated from the underlying real-world assets. This allows investors to earn passive income while retaining liquidity. GAIB has established partnerships with industry leaders like Aethir and io.net to enhance its ecosystem and scale its approach to compute financialization. After its founding in June 2024, the company quickly secured $5 million in a pre-seed funding round the following month, co-led by Hack VC, Faction VC, and Hashed, with participation from firms like Animoca Brands and Near Foundation.

Keywords: GPU tokenization, AI compute financing, decentralized finance (DeFi), real-world assets (RWA), AiFi, GPU-backed assets, synthetic dollar, AID stablecoin, AI infrastructure investment, compute as an asset, Kony Kwong, Alex Yeh, Jun Liu, crypto-AI, blockchain finance, yield-bearing assets, data center financing, liquid staking, on-chain economy, compute financialization