Anthropic IPO bets signal 30% upside as traders eye $1.7 trillion valuation
Traders in offshore perpetual futures markets are betting Anthropic's stock will surge over 30% above its IPO price range, implying a market cap near $1.7 trillion. The bets signal strong expected demand for the AI company's debut this month. Pre-IPO perpetual contracts on decentralized crypto exchanges like Hyperliquid currently price Anthropic at $98 per share, compared to the $70-$78 range in its updated S1 filing. These contracts aim to track private company valuations ahead of public listings. The market reaction follows relief among tech investors over Anthropic's historic IPO plans. While first-day trading outcomes are notoriously hard to predict, these derivatives offer a real-time gauge of speculative sentiment.