Ventuals Winds Down After $650M in Pre-IPO Perps Volume

Ventuals, the Hyperliquid-based protocol that gave retail traders leveraged exposure to pre-IPO companies, including OpenAI and Anthropic, announced Monday it is winding down, closing all markets across private equities, commodities, and sector indices through June 18. The platform launched in late 2025 on the premise widely viewed as impractical: perpetual contracts on privately held companies, … Continue reading Ventuals Winds Down After $650M in Pre-IPO Perps Volume