The firm has taken over Perpetual Markets and is now trading under the ticker PDC as it moves deeper into derivatives and tokenised products.

Earlyworks Co., Ltd. said it has completed its acquisition of Perpetual Markets Ltd. and has rebranded the company to Perpetuals.com Ltd., with its Nasdaq ticker changing to PDC from 20 January. Patrick Gruhn has joined the business as co-chief executive officer following the transaction The combined company said it develops software that links traditional financial markets and crypto markets, with a focus on derivatives, tokenised securities and structured products. Its main product, Kronos