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 across 186,000 fills and 25 instruments during its first two weeks. Gold led activity with $1.4 billion in volume, followed by bitcoin at $1.2 billion, as precious metals accounted for approximately 35% of total platform trading.
The company also announced a Mutual Services Agreement with Datavault AI (NASDAQ: DVLT) to list tokenized real-world commodity assets on the Perpetuals platform, initially covering 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.
The strong early performance of UpsideOnly underscores the growing demand for AI-powered trading solutions among retail users. Perpetuals’ proprietary trading platform, Kronos X, combines advanced AI and data analysis, trained on billions of trades, monitors market activity in real time, identifies patterns for trading and risk decisions, and 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 partnership with Datavault AI represents a significant step in bridging traditional commodity markets with blockchain technology. By tokenizing assets like the MTB Copper project, Perpetuals aims to offer investors exposure to physical commodities through a regulated trading environment. The agreement includes provisions for expansion into additional commodity programs, potentially broadening the range of tokenized assets available on the platform.
To view the full press release, visit https://ibn.fm/K81bS. For the latest news and updates relating to PDC, visit the company’s newsroom at https://ibn.fm/PDC.
