Ventuals announced the closure of its operations and integration into the Hyperliquid ecosystem, with settlements now available in related markets.

Odaily Planet Daily reports that Ventures announced today that it will gradually shut down its operations and merge with the Hyperliquid ecosystem team, officially ending its 24/7 private placement market experiment. The platform primarily focused on trading pre-IPO private technology companies, raising over 500,000 HYPE tokens and achieving a total trading volume of approximately $650 million. The platform's existing HIP-3 market is gradually entering the settlement phase. Pre-IPO markets such as OpenAI and Anthropic have settled based on the 24-hour weighted average price, corresponding to prices of $1341.80 and $1618.90 respectively. Commodity and index markets such as MAG7, semiconductors, and energy will be suspended in batches starting June 18th, with open positions automatically liquidated. vHYPE holders can redeem their staked assets at a 1:1 ratio and receive corresponding rewards. Withdrawal services will resume in batches on June 19th, with processing times ranging from 7 to 72 hours. The project has discontinued its points and promotional activities and clarified that it will not issue any tokens. The official requirement is that all users complete the withdrawal of funds and export of their wallets before September 15th.