Solstice, a Solana-based onchain settlement and yield protocol, is teaming up with TensorX, an Irish and EU-based sovereign AI infrastructure provider, to establish a financing facility with capacity of up to $1B. The capital is earmarked for purchasing AI hardware, specifically NVIDIA GPUs, and expanding data center capacity across Europe.
What the deal actually looks like
The financing facility isn’t a single lump-sum deployment. It’s a demand-driven structure designed to scale as European companies seek compliant, locally hosted AI compute solutions that satisfy both GDPR and the EU AI Act.
TensorX already operates NVIDIA GPU fleets at sites in Dublin and Helsinki. The company recently closed an €8M seed funding round led by Darius Cubed Ventures, with the capital directed at expanding its infrastructure through NVIDIA Blackwell GPUs across multiple European locations.
The partnership’s first tangible product is aiUSX, a yield-bearing digital asset that lets companies earn returns on capital allocated for AI development while retaining liquidity. Instead of locking up cash to buy GPU time, companies can park funds in aiUSX and earn yield while their AI workloads run. The initial launch cap for aiUSX sits at $5M, which functions as a proof-of-concept before broader scaling.
