Anthropic pre-IPO token volume hits $643M as liquidity test approaches

Trading volume for Anthropic pre-IPO perpetual contracts reached $643 million across 12 crypto exchanges through September 21, surpassing the total volume for August. According to Binance Research, open interest for the AI company's synthetic tokens rose significantly, with Binance alone seeing an 88% increase to $31.2 million. As these contracts currently rely on internal market estimates, they face a potential valuation adjustment once an official IPO provides a public stock price. Binance plans to transition these pre-IPO perpetuals to standard equity-linked contracts following a stable third-party price index and formal notice.