Bloomberg: Anthropic's High IPO Bar Draws Attention as Asian Investors Turn to Crypto Derivatives and Other Indirect Channels

October 29 — According to Bloomberg, Anthropic's planned IPO is estimated at up to $1.5 trillion and the company plans to invest about $800 billion in computing infrastructure, with TSMC, SK Hynix and Samsung Electronics expected to benefit. Due to strong subscription demand and related restrictions, it is difficult for Asian investors to participate directly in the IPO, so they have begun turning to indirect investment channels such as crypto derivatives.

It is understood that OKX and Binance have launched perpetual contracts linked to Anthropic's valuation, and the implied valuation of the related perpetual contract on Hyperliquid's EntropyIO platform once stood at about $1.88 trillion. However, Anthropic still faces risks including an uncertain path to profitability, high capital spending on AI projects and intense industry competition, and related "proxy" investments may also be affected by other industry factors.