Perpetuals.com (PDC)
Builds multi-asset exchange, custody and prediction-market technology for institutions and retail users.
Something off on this page? Send us feedback.
Supplies Kronos white-label exchange software, custody and blockchain settlement to financial-market clients while operating consumer prediction and trading tools. Its model joins a Japanese listed parent with regulated European venue access, but consolidated post-acquisition economics are not yet disclosed.
Provides white-label, SaaS exchange infrastructure under the Kronos name for banks, brokers, fintechs and trading venues. The platform supports crypto spot, perpetual futures, other derivatives, tokenized assets and structured products, with blockchain-based settlement. Perpetuals Vault extends the B2B offer with self-custody.
Pairs this infrastructure with consumer products, including UpsideOnly, a market-prediction and trading-signal platform, and Barrier Futures, as well as BayesShield AI pre-trade analytics. Operations span Tokyo, Europe and the United States; PM MTF Ltd. supplies Cyprus-regulated venue access.
Works across traditional and digital-asset markets through exchange technology, custody and settlement tools. Its newest consolidated commercial mix and economics remain undisclosed because available filings largely predate the acquisition of Perpetual Markets; the venue model depends on PM MTF's licence scope and related European requirements.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Apr 30, 2025Cash & short-term investments $735.0K · Total debt $364.5K · Total assets $1.4M · Shareholders' equity $520.5K
- Revenue
- $1.4M
- Operating income
- −$935.9K
- Net income
- −$963.7K
No dividends on record.
| Insiders4 holders · as of May 5, 2026 | 310.94% | 9.38M shares | |
| Adds to | 310.94% |
3.02M company shares as of Aug 21, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
These groups come from separate filings that can overlap, so they add to 310.94%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Satoshi KobayashiInsiderdirector, officer: Co-CEO, Interim CFO | 263.27% | 7.94M | Form 4filed Apr 1, 2026 ↗ |
Patrick GruhnInsiderdirector, officer: Co-Chief Executive Officer | 42.94% | 1.29M | Form 4filed Mar 18, 2026 ↗ |
Matthew Anthony NicolettiInsiderdirector | 4.60% | 138,590 | Form 4filed Mar 18, 2026 ↗ |
Michael Anthony HilmerInsiderdirector | 0.13% | 4,000 ADS | Form 4filed May 5, 2026 ↗ |
Form 4 — an insider's transaction report
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 4, 2026 | Michael Anthony Hilmer | director | +3,500 | $8.12 |
| May 5, 2026 | Michael Anthony Hilmer | director | +500 | $8.20 |
- Coinbase
Crypto trading, perpetuals and institutional custody overlap.
- Robinhood Markets
Retail prediction markets, crypto and perpetuals compete for traders.
- Interactive Brokers
Global multi-asset trading and prediction markets contest active users.
- Cboe Global Markets
Regulated digital-asset venues and perpetual-style futures overlap.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Perpetuals.com | $3.12 | +2.97% | $8.9M | — | — | 3.1 | — |
| Coinbase | $176.41 | +0.82% | $46.16B | — | 193.0 | 8.3 | −18.5% |
| Robinhood Markets | $109.63 | +2.45% | $96.19B | 47.1 | 45.0 | 23.1 | +32.3% |
| Interactive Brokers | $89.13 | +0.01% | $154.00B | 35.6 | 30.4 | 13.9 | +31.9% |
| Cboe Global Markets | $294.27 | +0.09% | $30.78B | 22.9 | 20.6 | 6.1 | −37.7% |
| Median | 35.6 | 37.7 | 11.1 | +6.7% |