Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts

Crypto Insight Summary: Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Leveraged bets on IPOs are speculative and have limited market-wide impact.