trade.xyz launches pre-IPO perpetual market ANT tied to Anthropic shares
- —ANT tracks one Anthropic Class A share and is priced in US dollars
- —The contract is set to convert into a standard XYZ perpetual after the IPO
- —trade.xyz warned of high volatility and frequent hits to price discovery bounds
Why it matters: Pre-IPO perpetuals give traders exposure to still-private Anthropic equity, but wide volatility and price-band limits raise risk.
Source: PANews