Crypto

Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts

Summary

Speculative crypto contracts tracking Anthropic have launched on Hyperliquid. The new product experienced a sharp drop in value during its first hour of trading. These derivatives lack underlying equity support and are unavailable to participants located in the United States.

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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