Hypercall to launch Anthropic-linked pre-IPO options market Monday

Anthropic / Wikimedia Commons (Public domain) Hypercall is set to introduce a pre-IPO options market linked to Anthropic on Monday, offering a new venue for price discovery in select non-U.S. jurisdictions. This market will focus on Anthropic, the artificial intelligence research lab behind the Claude family of AI models, which has filed for a Nasdaq IPO under the ticker “ANT.” The options market is not an Anthropic-issued security but rather a derivatives platform, providing insights into Anthropic’s potential valuation ahead of its public listing. The company’s current private valuation stands at $965 billion, with discussions around a possible IPO valuation between $1.5 and $2 trillion. Key Takeaways Hypercall’s launch of a pre-IPO options market appears to introduce new dynamics for Anthropic’s valuation, suggesting increased volatility. Market activity reflects a consistent increase in the likelihood of Anthropic’s valuation being less than $1.25 trillion, with YES odds rising from 8% to 16.3% over 24 hours. The options market could indicate market participants’ skepticism about Anthropic’s ability to achieve its high valuation targets, as suggested by recent odds movements. W...