According to on-chain pre-IPO trading data cited by market commentators, Anthropic’s market-implied valuation has climbed to a record $1.4 trillion, rising approximately 40% in 24 days as private-market interest in the artificial intelligence company accelerates ahead of a possible public listing. These trading instruments are backed one-to-one by special-purpose vehicle exposure and serve as a real-time proxy for Anthropic’s potential IPO value. Reports indicate Anthropic is weighing a new private funding round that could raise up to $50 billion, with a possible IPO timeline as early as October 2026 or the fourth quarter of the year.
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