Earlyworks Completes Acquisition of Perpetual Markets and Rebrands as Perpetuals.com Ltd.

Earlyworks announced the completion of its acquisition of Perpetual Markets. Accordingly, the company has rebranded as Perpetuals.com Ltd. and its Nasdaq ticker symbol has changed to PDC, effective January 20, 2026. The transaction integrates Perpetual Markets into Earlyworks. Perpetuals.com Ltd., as the combined company will be known, develops software solutions that merge traditional financial markets with blockchain-based crypto markets. The core product is its exchange software suite, Kronos XR, which enables regulated trading venues - including European Multilateral Trading Facilities - to operate with 24/7 self-clearing and blockchain-based settlement technology. With Kronos X, regulated organized markets can now compete directly with crypto derivatives exchanges. Visit group.perpetuals.com for more information. The founders of Perpetuals pioneered regulatory-approved stock tokens and have now developed next-generation software to operate within the internet of finance in a regulated and compliant manner. Perpetuals also intends to operate its own Multilateral Trading Facilities in Europe later in 2026. It intends to launch new kinds of tokenized products, including pre-IPO contract and tokenized structured products and options. The combined business's proprietary technology enables not only the operation of regulated financial and crypto services on blockchain infrastructure. It also leverages Perpetuals' proprietary machine-learning system, trained on millions of retail trading data points, to help product issuers create innovative alternatives to the strictly regulated and often predatory Contract for Differences and perpetual futures markets. Perpetuals aims to disrupt these markets entirely with its AI-enhanced products. Ultimately, this is intended to protect retail users from losses in these historically unfair and unethical trading environments.