Odaily Planet Daily reports that Ventuals has announced today it will gradually shut down its operations and integrate into the Hyperliquid ecosystem team, officially concluding its round-the-clock private market experiments. The platform specialized in trading pre-IPO private technology companies, having raised over 500,000 HYPE tokens and generated a total trading volume of approximately $650 million.
The existing HIP-3 markets on the platform are gradually entering the settlement phase. Pre-IPO markets such as OpenAI and Anthropic have been settled at the 24-hour volume-weighted average price, with corresponding prices of $1,341.80 and $1,618.90, respectively. Commodities and index markets including MAG7, semiconductors, and energy will be gradually suspended from trading starting June 18, with all open positions automatically closed.
vHYPE holders can redeem their staked assets at a 1:1 ratio and claim corresponding rewards. Withdrawal services will be rolled out in batches starting June 19, with processing times ranging from 7 to 72 hours. The project has discontinued all points and referral programs and has clearly stated that no token will be issued. All users are required to complete fund withdrawals and wallet exports by September 15.