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Trump withdraws tariff threat, boosting European stocks; auto stocks lead the gains, and the FTSE 600 jumps 1.1%
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Tom Lee warns that 2026 may see a dip followed by a rise, with a tug-of-war at $90,000 and a target level of $99,000 emerging
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Former FTX EU co-founder launches derivatives platform Perpetuals.com, set to go public on Nasdaq this Tuesday
PANews January 20 News, according to CoinDesk, former FTX EU trading business co-founder Patrick Gruhn and Robin Matzke launched an AI-driven derivatives trading platform Perpetuals.com (PDC), whose shares will begin trading on Nasdaq this Tuesday. The platform uses an AI system trained on over 10 million cross-exchange trading histories, aiming to provide innovative alternatives for product issuers to optimize traditional contracts for difference and perpetual contracts markets. Gruhn stated that their model can analyze collective market sentiment patterns and calculate the profit and loss probability of individual trades to help options issuers or market makers and other financial market participants optimize hedging strategies. The entity was established after Earlyworks Co. acquired Perpetual Markets Ltd., offering regulated 24/7 self-clearing and blockchain-based settlement technology. Gruhn and Matzke previously founded Digital Assets, which was acquired by FTX in 2021 and renamed FTX EU, then repurchased remaining assets after FTX’s bankruptcy and secretly developed this platform.