Watch Desk posted an update
Pepperstone has launched a pre-IPO market tied to Anthropic, where traders can take positions on the price they think the AI company’s shares may reach when it lists, FX News Group reports.
Why it mattersThe broker says prices are sourced from a third-party exchange, where buyers and sellers set the market price. Pepperstone chief executive Tamas Szabo said it was trading at about $115; that is a live market price, not a forecast guaranteed to match any eventual opening price. It offers a way to speculate on an AI company’s expected valuation before a listing, not ownership of its shares.
Discuss: Should pre-IPO trading like this be treated as useful price discovery, or as a speculative number dressed up as a signal?
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