According to BlockBeats, Ventuals announced on June 15 that it will gradually shut down operations and join a team within the Hyperliquid ecosystem, marking the end of its "24/7 pre-IPO market" experiment. The platform has facilitated over 500,000 HYPE in funding and approximately $650 million in trading volume.
All deployed HIP-3 markets will enter settlement according to schedule. Pre-IPO markets for OpenAI and Anthropic will freeze based on the past 24-hour TWAP price and complete final settlement at $1,341.80 and $1,618.90, respectively. vHYPE holders can redeem staked assets at a 1:1 ratio starting June 19, with withdrawal cycles ranging from 7 to 72 hours. Users must complete fund withdrawal and wallet export by September 15.