Baidu’s Token Exchange Adds 100 Sellers in One Day

Baidu said on 14 November that its Token Exchange — launched at Baidu World on 12 November and billed by founder Robin Li as a “stock exchange for large models” — drew more than 100 supplier applications and over 1,000 new client accounts on its first day. During its trial period the platform already carried 100-plus supply resources, cleared 50 million token calls a day and listed more than 40 models, including DeepSeek, Kimi, Zhipu GLM, MiniMax and Baidu’s own Ernie line. Its differentiator is trust: fingerprint matching, capability and availability testing before listing, then periodic spot checks and full-link monitoring that roll up into a supplier credit rating.