trade.xyz Launches Pre-IPO Perpetual Contract Market for Anthropic, Expected to Convert to Standard Perpetual Contracts After Listing

Odaily reports that trade.xyz has announced the official launch of a pre-IPO perpetual contract (IPOP) market for Anthropic, with the trading ticker ANT. The contract corresponds to one share of Anthropic (Nasdaq: ANT) Class A common stock, denominated in USD, and the current price reflects the market's expectations for its post-listing share price.

trade.xyz stated that after Anthropic officially lists, ANT is expected to convert into a standard XYZ perpetual contract. Additionally, the pre-IPO market may experience significant volatility due to shifting expectations, and the mark price may frequently hit price discovery boundaries, temporarily limiting its price fluctuation range relative to the reference price.