A milestone transaction bridging technology and structured credit

Kingsbury & Partners has supported Trillium Technologies Inc. and Archeos Futurus in a landmark US$600 million private placement issuance, representing one of the first large-scale capital markets transactions to institutionalise compute credits — the tradable financial representation of computational power.

The financing is structured as a dual-tranche offering:

  • US$300 million private placement bond, available to US accredited investors, and
  • US$300 million Credit Linked Note (CLN), available to non-US domiciled professional investors.

Both instruments feature ISIN, CUSIP, and Bloomberg tickers, with listings on the Vienna Stock Exchange, ensuring institutional-grade accessibility, transparency, and settlement through Euroclear and Clearstream.

For Kingsbury & Partners, this transaction demonstrates how Luxembourg securitisation frameworks and private placement infrastructure can extend beyond traditional credit markets to serve technology operators and alternative asset platforms seeking capital-efficient, institutional-grade financing.

About the Issuance

Trillium Technologies Inc. is pioneering the compute credit ecosystem, a new asset class designed to monetise the compute power behind the Archeos Futurus cloud computing platform. This approach sits at the intersection of AI, data centres, tokenisation, securitisation, and GPU storage, transforming compute capacity into a tradable commodity akin to traditional financial instruments.

Archeos Futurus’ patented infrastructure leverages advanced FPGA hardware and software to deliver efficiencies in data storage, processing, and security — with strategic collaborations involving AMD and Broadcom. The platform has already secured commitments from major financial institutions and US federal agencies, underscoring its credibility and scalability amid the rapid growth of AI and distributed computing.

Transaction Partners

This issuance was executed through the combined expertise of:
Chris Mizer, Kyle Barnette, Daniel Kluss, Kristina Nikolendzic, Luca Gallinelli, Emiliano Giubileo, Kash Chandak, Thomas Hayes, and Roberto Colapinto — representing Trillium Technologies, Archeos Futurus, ISP Group, Fundamentals S.A, Lakshmi Trust, and Abalone Capital.

Their collective experience in finance, technology, and structured capital markets ensured the transaction met the highest standards of governance, compliance, and investor confidence.

Investment Summary:

  • Subscription Period: 30th October 2025
  • Issue Date: 2nd December
  • Maturity Date: 2nd December 2030
  • Coupon: 12% per annum
  • Interest Frequency: Quarterly
  • Amortisation Schedule: Bullet Repayment on maturity
  • Listing: Vienna Stock Exchange
  • ISIN: CH1108682308

John Hubball, Chief Investment Officer:

We are delighted to support the innovative Trillium Technologies and Archeos Futurus teams, alongside our world-class global partners. This landmark issuance unlocks growth at the crossroads of AI, data centers, and cloud computing, transforming compute capacity into a dynamic, investable asset class. Our agility in orchestrating complex elements, from structuring to compliance, was key to aligning robust investor demand with the issuers' strategic vision, delivering a seamless path to market in just six weeks.

Access the full press release, here.