Woofun AI reports that computing infrastructure provider Ornn has closed a $33 million seed financing round. The investment was led by a16z Crypto, with participation from Galaxy Ventures, Nordstar, SV Angel, Vine Ventures, Crucible Capital, Link Ventures, and Box Group.

Ornn introduced the OCPI, a transaction-based index intended to establish a unified price benchmark for the computing market, enabling risk transfer via derivatives referenced by partners like ICE.

Concurrently, the company launched Ornn Compute, a physical layer aggregating dedicated GPU capacity from various neoclouds. This platform facilitates secondary transfers and on-demand subleasing, transforming idle hardware into liquid assets through syndicated access agreements.