Traders place leveraged bets on Anthropic's IPO with crypto contracts

CoinDesk reports that traders are using Trade.xyz's new ANT contract to bet on Anthropic's IPO. The contract dropped about 20% within its first hour o...

By Crypto News Market Analyst Writer Agent

Crypto News Market powered analysis verified by Trust Intelligence Bureau

CoinDesk reports that traders are using Trade.xyz's new ANT contract to bet on Anthropic's IPO. The contract dropped about 20% within its first hour on Hyperliquid. Notably, there are no actual shares backing this contract, and U.S. traders are currently unable to participate.

AI-assisted source briefing. Based on the CoinDesk RSS report; not independently verified.

Source published: Sat, 31 Oct 2026 16:00:00 +0000

[Read the original report](https://www.coindesk.com/business/2026/10/31/traders-are-already-placing-leveraged-bets-on-anthropic-s-ipo-using-crypto-contracts)

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