Binance Launches Anthropic Pre-IPO Perpetual Contract, Supporting Up to 20x Leverage

BlockBeats News, June 2nd, according to an official announcement from Binance, Binance Futures will launch the ANTHROPICUSDT USDⓈ-M Pre-IPO perpetual contract on June 2nd at 04:30 (UTC), providing users with trading exposure to the pre-IPO valuation of the artificial intelligence company Anthropic.

According to the announcement, this contract is pegged to the equity value of Anthropic, with Binance temporarily using a reference calculation based on 10 billion shares as the estimated total share capital. It will support up to 20x leverage, offer 24/7 trading, and settle in USDT. It is important to note that this product does not represent actual ownership of Anthropic equity nor does it confer any shareholder rights.