Former FTX EU trading specialists unveil Perpetuals.com, an AI-powered derivatives platform

Core Insights - A new derivatives platform, Perpetuals.com (PDC), specializing in machine learning and AI, is set to begin trading on Nasdaq [1] - The platform was developed by leaders who were co-founders of FTX's European Union operation and offers regulated 24/7 self-clearing and blockchain-based settlement technology [2] - The creation of Perpetuals was facilitated by the acquisition of Perpetual Markets Ltd. by Earlyworks Co. and the recovery of assets from FTX EU after its bankruptcy [3] Company Overview - Perpetuals has developed an AI system trained on one of the largest datasets of retail trading behavior, analyzing over 10 million individual trading histories from major cryptocurrency exchanges [4] - The platform aims to provide innovative alternatives to the regulated Contract for Differences (CFD) and perpetual futures markets, which are often criticized for being predatory [4] Market Disruption - Perpetuals intends to disrupt traditional trading markets with AI-enhanced products that protect retail users from losses in historically unfair trading environments [5] - The AI model identifies patterns in market sentiment to calculate win/loss probabilities for individual traders, which can assist financial market participants in optimizing hedging strategies [5]