Anthropic IPO's High Entry Threshold Draws Attention; Asian Investors Shift to Indirect Investment Channels Such as Crypto Derivatives

TechFlow reported on Oct. 28 that, according to Bloomberg, Anthropic's planned IPO could be valued at $1.5 trillion, and it plans to invest about $800 billion to build compute infrastructure. TSMC, SK Hynix and Samsung Electronics are expected to benefit. Due to strong subscription demand and related restrictions, Asian investors face significant difficulty participating directly in the IPO, so they have begun turning to indirect investment channels such as crypto derivatives.

It is reported that OKX and Binance have launched perpetual contracts linked to Anthropic's valuation, while perpetual contracts on EntropyIO, a platform under Hyperliquid, once implied a valuation of about $1.88 trillion. However, Anthropic still faces risks including an uncertain path to profitability, high capital investment in AI projects, and intense industry competition. Related "proxy" investments may also be affected by other industry factors.

Source: TechFlow