Perpetuals.com Ltd (NASDAQ: PDC) announced it secured an exclusive worldwide license for an artificial intelligence platform called Forgentiq.ai, designed for deployment within hedge funds and digital asset management firms.

The company entered into a services agreement with Younet AI to license the proprietary agentic AI research platform. The agreement requires board of directors or stockholder approval to remain valid.

The Forgentiq.ai platform operates on-premises within client infrastructure, allowing trading firms to use AI capabilities without transferring proprietary data to external servers. The system deploys autonomous agents designed for specific research functions including cross-asset correlation analysis, regulatory filing reviews, and arbitrage opportunity identification.

Younet AI has deployed over 40,000 custom AI agents for enterprise clients across legal, software, and financial services sectors, according to the announcement.

"Every basis point of alpha is a competitive weapon - and we're not asking funds to hand that weapon to a third party," said Patrick Gruhn, Chief Executive Officer of Perpetuals.com.

The company plans a phased deployment approach. Initially, Perpetuals.com will use the platform internally with its market microstructure datasets and perpetual futures protocol data. The company then intends to license the platform to external hedge funds and trading firms on a subscription basis.

The global AI in fintech market is projected to grow at a compound annual growth rate of 28% by 2035, according to the press release. The world's twenty largest hedge funds collectively managed over $1 trillion in assets under management in 2024.

Perpetuals.com operates a trading platform called Kronos X and maintains a licensed European Multilateral Trading Facility with MiFID II, MiCA, DORA, and EMIR compliance.