Cryptocurrency News & Market Updates

TL;DR

• Kraken has listed pre-IPO perpetuals on ANTHROPIC (Anthropic PBC, or “Anthropic”) and OPENAI (OpenAI Group PBC, or “OpenAI”), so you can go long or short on Anthropic or OpenAI exposure before they go public.

• Trade with up to 5x leverage and multi-collateral (flex) margin, with no expiry. Not available in the US, EEA, Canada, Australia, or New Zealand.

• Pricing uses a purpose-built Kraken PreMarket Synthetic index that is smoothed and tightly bounded, designed to resist flash liquidations in a thin, early market.

• If and when Anthropic and OpenAI complete their IPOs, Kraken intends to convert the contracts to standard tokenized-equity-style pricing, and contract specifications are expected to change.

Trade the Anthropic pre-IPO perp Trade the OpenAI pre-IPO perp What are the ANTHROPIC and OPENAI pre-IPO perpetuals?

Anthropic and OpenAI are two of the most valuable private companies in the world, but their shares are not yet publicly traded. The ANTHROPIC pre-IPO perpetual (PF_ANTHROPICXUSD) and the OPENAI pre-IPO perpetual (PF_OPENAIXUSD) are cash-settled perpetual contracts that let you express views on the companies’ value today, without waiting for an IPO: