As an individual, will I have access to pricing or is that limited to institutions as well?
For that matter, how transparent is this marketplace? Do I need to put in an RFQ for a specific SKU to get a point-in-time price or do I see the whole marketplace?
You mention $300 million dollars in RFQs, but how much of that resulted in chips and cash trading hands? What stops someone from offering the seller a better price to continue the transaction outside of Stoa?
Great questions. We do not accept individual accounts today. Marketplace access and pricing are limited to institutions.
A buyer can create an RFQ for bare GPUs or servers, specifying required configurations while leaving others open. They can see an indicative price range that updates with market activity, then compare all supplier quotes. Other participants’ activity stays private.
Our RFQ activity came from institutions we worked with directly. GPU transactions can take weeks due to sourcing, KYB, financing, and logistics. We are now onboarding those institutions so more of this activity can move through our marketplace.
We create value by making transactions easier for both parties. We enable buyers to compare quotes in one place, while suppliers receive qualified demand and market intelligence without exposing their bids. Binding quotes and non-circumvention terms also help this process.