ABS · Asset-Backed Securitization
Financing that bundles cash-flowing assets (such as leases or GPUs) into securities sold to investors.
Current numbers
~$10B (2025) → ~$37B (2028)Morgan Stanley's July 2025 forecast of US data-center ABS issuance, 2025 → 2028; ~$15B of ABS actually printed in 2025