Tokenized Anthropic derivatives on Binance trading at $1,600–$1,842, implying a $1.6T–$1.84T valuation amid pre-IPO speculation.
Macro & Markets ·
A tokenized derivative of Anthropic has traded on Binance Pre-IPO Perpetual Futures between $1,600 and $1,842, with the price range implying a valuation of roughly $1.6 trillion to $1.84 trillion based on an estimated 1 billion share benchmark. This represents a 65% to 88% premium over Anthropic's May 2026 Series H funding round, which valued the company at $965 billion post-money following a $65 billion capital raise.
The crypto derivatives pricing aligns with Wall Street investment bank estimates placing Anthropic's IPO valuation between $1.5 trillion and $2 trillion. The gap between traditional private market valuations and the pre-IPO token futures reflects speculative positioning ahead of a potential public offering.
It remains unclear whether the tokenized contract tracks Anthropic's actual cap table or applies a standardized share count assumption, how trading volume and liquidity compare across venues, and when or at what valuation a formal IPO might materialize.