Watch Desk posted an update
NEAR Protocol has launched leveraged perpetual futures tied to Anthropic ahead of the AI company’s planned stock-market listing, U.Today reports. The contracts offer up to 10x leverage, but they do not give traders ownership of Anthropic shares.
Why it mattersThe report says the contracts are cash-settled and unavailable to US residents. It also describes different quoted prices on two trading venues, attributing the gap to different contract specifications. A price without its contract terms, then, is not much of a yardstick.
Discuss: Should leveraged pre-IPO contracts give traders an early way to express a view on private AI firms, or do they invite speculation without a dependable share price?
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