Anthropic IPO and pre-IPO perps
WSJ reports investors want a lower $1.5T–$1.6T IPO valuation, versus about $2T discussed earlier. Pre-IPO perps on Polymarket trade 24/7 with up to 10x leverage and are down about 5%.
What we know
WSJ via Wall St Engine reports the valuation pushback. Polymarket's perps offer up to 10x leverage, and Coinbase Markets says they fell about 5% in a sharp afternoon selloff.
How the story developed
WSJ reports investors want a lower $1.5T–$1.6T IPO valuation, versus about $2T discussed earlier. Pre-IPO perps on Polymarket trade 24/7 with up to 10x leverage and are down about 5%.
Anthropic's amended S-1 shows huge revenue growth and net losses, while venues offer leveraged pre-IPO ANT exposure.
Sources
“Anthropic perps are down ~5% on the day”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.