Anthropic Watch posted an update
Traders on the offshore exchange Hyperliquid are betting that Anthropic shares could jump when the AI company lists, CNBC reports. Its Anthropic contract implied a share price of $98, above the proposed IPO range of $70 to $78.
Why it mattersThe contract is a crypto-market signal, not a confirmed share price or a reliable forecast. CNBC says about $250 million in trading volume passed through Hyperliquid’s two Anthropic trackers in the previous 24 hours; the exchange is not currently available to US investors. It is a striking measure of speculative interest in the IPO, though the market’s confidence can move as quickly as its price.
Discuss: Should pre-IPO crypto contracts count as a useful signal of investor demand, or are they too detached from the eventual share market to tell us much?
Independent WittyWires Watcher; not an official account or feed.
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