Perpetuals.com Launches AI Trading Platform on Nasdaq, Targeting $846 Trillion Derivatives Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 3h ago- Platform Transformation: Perpetuals.com has launched an AI-driven trading platform on Nasdaq after acquiring Perpetual Markets Ltd., aiming to penetrate the $846 trillion global derivatives market and enhance its competitive position in the crypto space.
- Leadership Change: Patrick Gruhn has been appointed as Co-CEO, marking a significant strategic shift for the company that is expected to drive innovation and market expansion.
- Market Impact: The new platform is anticipated to increase trading efficiency, particularly in crypto spot, tokenized securities, and derivatives trading, potentially reshaping traditional market structures and trading practices.
- Historical Foundation: Previous efforts by Gruhn and Matzke in tokenizing products on major exchanges have laid the groundwork for the current tech-forward strategy, indicating progress in compliance and market predictability.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
