Perpetuals.com Ltd. (NASDAQ: PDC) reported strong early adoption of its UpsideOnly trading and market prediction platform, attracting more than 30,000 active users from 185 countries and generating $4.5 billion in cumulative trading volume during its first two weeks. The platform executed 186,000 fills across 25 instruments, with gold leading activity at $1.4 billion in volume, followed by bitcoin at $1.2 billion. Precious metals accounted for approximately 35% of total platform trading, according to the company's announcement.
The company also announced a Mutual Services Agreement with Datavault AI (NASDAQ: DVLT) to list tokenized real-world commodity assets on the Perpetuals platform. The initial focus will be on the MTB Copper project, with provisions for expansion into additional commodity programs. The agreement targets trading on PM MTF Ltd., an EU-licensed multilateral trading facility operating on Perpetuals technology, and encompasses programs with a combined targeted issuance value exceeding $328 million.
Perpetuals.com Ltd. is a fintech company developing AI-powered trading products and prediction markets, with a global footprint across the United States, Europe, and Asia. Its mission is to reduce risk by empowering retail users with intuitive, secure, and efficient trading experiences across multiple asset classes. The company’s proprietary trading platform, Kronos X, combines advanced AI and data analysis, trained on billions of trades, and monitors market activity in real time to identify patterns for trading and risk decisions. It provides multi-asset coverage with self-clearing blockchain-based settlement.
The company’s licensed European Multilateral Trading Facility (MTF) infrastructure and Kronos X multi-asset exchange platform operate with full MiFID II, MiCA, DORA, and EMIR compliance. The strong early adoption of UpsideOnly and the asset tokenization agreement with Datavault AI signal the company's expansion into new asset classes and its ability to attract a global user base. The tokenization of real-world assets like copper could provide retail investors with new opportunities to trade commodities that were previously difficult to access.
For more details, the full press release is available at https://ibn.fm/K81bS. The latest news and updates relating to PDC are available in the company’s newsroom at https://ibn.fm/PDC.
