Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
Summary
Cryptocurrency derivatives platform Trade.xyz has introduced a new contract allowing traders to speculate on an upcoming public offering by artificial intelligence firm Anthropic. The newly launched asset experienced a significant twenty percent drop in value during its initial hour of trading on the Hyperliquid network.
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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