Key Facts
- ✓ Patrick Gruhn and Robin Matzke have launched Perpetuals.com, an AI-powered derivatives trading platform.
- ✓ The founders previously co-founded Digital Assets, which was acquired by Sam Bankman Fried in 2021.
- ✓ Following the acquisition, their company was rebranded as FTX EU, integrating into the global exchange's European operations.
- ✓ The new platform represents a strategic return to the cryptocurrency derivatives market for the veteran founders.
- ✓ Perpetuals.com utilizes artificial intelligence to enhance the trading experience for derivatives users.
Quick Summary
Former FTX EU co-founders have officially re-entered the cryptocurrency derivatives market with a new, technologically advanced platform. Patrick Gruhn and Robin Matzke recently unveiled Perpetuals.com, a trading platform powered by artificial intelligence.
The launch marks a significant return for the veteran traders, who previously navigated the complex landscape of European crypto regulation before their company was acquired by Sam Bankman Fried in 2021. Their new venture aims to leverage AI technology to enhance the trading experience for derivatives users.
The Founders' Journey
The story of Perpetuals.com begins with the founders' previous venture, Digital Assets. Gruhn and Matzke established the company as a significant player in the European crypto space, eventually attracting the attention of FTX leadership.
In 2021, their work culminated in an acquisition by Sam Bankman Fried, the founder of the FTX exchange. Following the transaction, the company was rebranded as FTX EU, integrating the founders' expertise into the global exchange's European operations.
Now, with the launch of their new platform, the duo is applying their accumulated experience to a fresh project. Their background in regulated European markets provides a unique foundation for their latest endeavor in the derivatives sector.
Platform Technology
The core innovation of the new platform lies in its AI-powered infrastructure. While specific technical details remain under wraps, the platform is designed to utilize artificial intelligence to optimize derivatives trading.
Derivatives trading involves complex financial instruments whose value is derived from underlying assets. By integrating AI, the platform aims to provide users with enhanced tools for navigating these markets.
The focus on technology represents a strategic shift toward automated and intelligent trading solutions. This approach aligns with broader industry trends where machine learning and AI are increasingly used to analyze market data and execute trades.
Market Context
The launch occurs within a dynamic cryptocurrency landscape. The derivatives market remains a critical component of the overall crypto ecosystem, offering traders opportunities for leverage and hedging.
Following the collapse of FTX in late 2022, the industry has seen a shift toward more transparent and regulated platforms. Founders with experience in compliant operations, such as Gruhn and Matzke, are well-positioned to build trust in a recovering market.
The founders' history with Digital Assets and subsequent acquisition by FTX EU demonstrates their ability to build companies that meet regulatory standards. This experience is likely a key asset in their new venture.
Strategic Implications
The establishment of Perpetuals.com signals a continued commitment to the crypto derivatives sector by experienced entrepreneurs. The move highlights the resilience of industry veterans who are leveraging past lessons for future innovation.
By combining their regulatory experience from the FTX EU era with cutting-edge AI technology, the founders are positioning their new platform to address current market demands. The emphasis on AI suggests a forward-looking approach to trading efficiency and user experience.
The platform's development underscores the ongoing evolution of cryptocurrency trading infrastructure. As the market matures, the integration of advanced technologies like AI becomes increasingly standard for competitive trading platforms.
Looking Ahead
The launch of Perpetuals.com by Patrick Gruhn and Robin Matzke represents a notable development in the crypto derivatives space. Their transition from Digital Assets to FTX EU and now to an AI-driven platform illustrates a career trajectory focused on crypto finance innovation.
As the platform enters the market, it brings the founders' combined expertise in European crypto regulation and derivatives trading. The integration of AI technology positions the platform to potentially offer new capabilities to traders in an evolving digital asset landscape.
