Hyperliquid Ecosystem Pre-IPO Trading Platform Ventuals Announces Suspension of Operations, Team to Join Another Development Team within the Hyperliquid Ecosystem. Ventuals states that since launch, it has raised over 500k HYPE tokens, with a trading volume exceeding $650 million, validating the demand for on-chain private equity markets. The platform will gradually shut down markets such as OpenAI, Anthropic, and those for commodities and indices. vHYPE holders can redeem HYPE tokens at a 1:1 ratio and receive staking rewards. Ventuals also terminates the points and referral programs and confirms that no tokens will be issued.

HYPE9.30%
OPENAI1.35%
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L2Mailman
· 6h ago
500k HYPE fundraising amount explanation: On-chain private placements are indeed being played, but they couldn't continue and were merged. The Hyperliquid ecosystem internal integration is happening faster than expected.
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ColdWalletLeftInTheAir
· 6h ago
OpenAI and Anthropic—these targets are all shut down; the compliance ceiling for on-chain private placements is still too low.
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PocketAlphaPia
· 6h ago
The team merged into another development team, didn't issue tokens or run away, and in Web3, it's a rare respectable ending.
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WickHunter
· 7h ago
650 million in trading volume looks impressive, but it still shut down. Is the pre-IPO track on the chain a fake demand?
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