Ventuals has announced the closure of its operations and its integration into the Hyperliquid ecosystem; settlement has begun in the relevant markets.

Svmuu News: Ventuals announced today that it will gradually wind down its operations and merge into the Hyperliquid ecosystem team, marking the official conclusion of its 24/7 private market experiment. The platform focused on trading in pre-IPO private tech companies, raising over 500,000 HYPE tokens and achieving a total trading volume of approximately $650 million. The platform’s existing HIP-3 markets are entering the settlement phase, while pre-IPO markets for OpenAI and Anthropic are settling based on 24-hour weighted average prices of $1,341.80 and $1,618.90, respectively. Commodity and index markets, including MAG7, semiconductors, and energy, will be suspended in batches starting June 18, and open positions will be automatically closed. vHYPE holders may redeem their staked assets at a 1:1 ratio and claim corresponding returns. Withdrawal services will be rolled out in batches starting June 19, with processing times ranging from 7 to 72 hours. The project has discontinued its reward and referral programs and has explicitly stated that it will not issue any tokens. The official team requires all users to complete fund withdrawals and wallet exports by September 15.