DeepSigma, a developer of a decentralized perpetual futures exchange focused on real-world assets, has launched a token offering on the Republic platform with a target of up to $10 million. The proceeds are earmarked for building out the trading platform and shifting it from a public demonstration into a production-ready system.
The offering is being conducted by DeepSigma Inc., a Delaware entity. It is open only to verified US accredited investors and to eligible non-US persons in specified jurisdictions outside the United States, subject to securities laws and investor eligibility checks.
The raise follows the company's initial platform reveal, which introduced a public demo supporting paper trading across 77 perpetual markets tied to equities, commodities, indices and other traditional financial assets. The new capital is intended to fund the technical work needed to leave the demo environment behind.
From paper trading to on-chain settlement
A central part of the roadmap is the infrastructure required for live perpetual futures trading on real-world assets. Unlike crypto markets, which trade around the clock, traditional financial markets have set hours, shifting liquidity conditions and external pricing dependencies. Those differences add requirements for derivatives execution, collateral management and settlement.
DeepSigma's architecture is built around a central limit order book, with a clearing layer handling positions, collateral, margin and settlement. The planned system incorporates Cypherium's decentralized ID-based eligibility controls and permissioning to support participant verification and jurisdiction-specific access rules.
The exchange is being developed on Cypherium, a Layer 1 blockchain that combines Proof-of-Work with HotStuff-derived Byzantine Fault Tolerant consensus. Cypherium's underlying consensus technology is covered by four granted US patents, licensed to DeepSigma. Offering proceeds are also intended to support independent security audits ahead of the production launch.
A compliance-first approach to decentralized derivatives
DeepSigma is developing its infrastructure around the regulatory considerations that come with bringing derivatives linked to traditional financial assets onto decentralized networks. Its approach aims to combine on-chain settlement and auditable transactions with eligibility controls designed to restrict access according to applicable requirements.
The token offering itself follows a parallel regulatory structure, offered exclusively to verified US accredited investors and, in separate offshore transactions, to eligible non-US persons. The minimum investment is $1,000, with 20% of tokens released at the token generation event and the remaining 80% vesting linearly over six months. The securities have not been registered under the US Securities Act of 1933 and are subject to transfer and resale restrictions.
The company's compliance-first development approach does not constitute SEC or CFTC registration or approval of the exchange. Access to future trading services will depend on jurisdiction and eligibility.
Development roadmap
DeepSigma's public demo currently features 77 RWA perpetual contracts, paper trading, AI-powered market analysis and a public leaderboard. The company plans to use the offering proceeds to advance its matching engine, blockchain integration, identity and permissioning infrastructure, and external security audits. DeepSigma is targeting a mainnet launch approximately three months after the token sale, subject to development progress and other relevant conditions. The platform currently operates as a demonstration and paper-trading environment, with live trading not yet available.
For more information about DeepSigma's token offering, including eligibility requirements, offering terms and associated risks, visit the Republic listing page.
This article is for informational purposes only and does not constitute financial advice.
