USD.
AI, a blockchain-native credit market for GPU-backed infrastructure, has approved a debt facility of up to US$500 million for SharonAI Holdings Inc. (Sharon AI), an Australian provider of secure, large-scale compute for advanced AI workloads. This financing aims to support Sharon AI’s expansion of AI infrastructure in the Australia and Asia-Pacific regions.
The facility is structured to provide asset-backed, non-recourse financing through USD.
AI’s on-chain credit system, enabling approved GPU deployments to be funded with stablecoin liquidity. This model is designed to facilitate capital-efficient expansion of AI infrastructure while potentially reducing reliance on traditional bank and private credit markets. Sharon AI anticipates drawing on the facility as early as the first quarter of calendar year 2026 to fund initial GPU deployments totaling US$65 million. The facility also offers additional capacity to be financed as new infrastructure is validated and operationalized.
Sharon AI, publicly traded on OTC Markets (SHAZ:OTC Markets, SHAZW:OTC Markets) and described as an Australian Neocloud, recently completed a US$100 million Convertible Note capital raising. This capital raise was intended to accelerate the deployment of high-performance compute workloads across Australia and Asia-Pacific, aligning with the company’s strategy to deliver secure, high-performance compute optimized for AI training and inference at scale.
This new financing arrangement with Sharon AI contributes to a growing portfolio of GPU-backed financing facilities enabled by USD.
AI. The protocol has now approved over US$1.2 billion in guidance and non-recourse facilities for AI infrastructure operators across various global regions, including previously announced facilities with QumulusAI and Quantum Solutions.
Conor Moore, Co-Founder and COO of Permian Labs, the developer of the USD.
AI Protocol, commented on the partnership, stating that Sharon AI aligns with USD.
AI’s operational model by possessing strong capitalization and public market discipline, while seeking to overcome the constraints of traditional financial systems to achieve rapid scaling in the Australia and Asia-Pacific markets.
USD.
AI’s financing model is designed to isolate risk at the infrastructure level by securing credit exclusively against verified GPU assets rather than corporate balance sheets. Approved deployments undergo independent validation and are then converted into standardized on-chain collateral, establishing a transparent foundation for credit issuance and continuous monitoring. This approach allows AI infrastructure operators to scale their capacity without equity dilution and provides capital providers with direct exposure to income-producing compute assets.
James Manning, Co-Founder and Chairman of Sharon AI, expressed enthusiasm for the partnership, noting USD.
AI’s market-leading approach to GPU financing. He anticipates further deployments as Sharon AI accelerates its compute infrastructure to serve hyperscale, research, enterprise, and government customers throughout Australia and Asia-Pacific.
USD.
AI aims to expand its GPU-backed credit framework as a foundational financing mechanism for next-generation infrastructure, linking deployed infrastructure with on-chain liquidity. The protocol is developed to support repeatable, institutional-grade capital deployment into AI compute, integrating blockchain-native settlement with long-duration, real-world assets.
