Anthropic targets $1 trillion valuation in blockbuster Nasdaq listing

Anthropic was founded in 2021 by Dario Amodei and former OpenAI researchers who split off to build a safety-focused rival to ChatGPT's maker, later backed by Google and Amazon. Claude, its flagship chatbot, competes directly with OpenAI's and Google's models for enterprise customers. The roadshow that opened this week puts a number on years of private fundraising: 825 million shares offered at $70 to $78, the company's first direct test of public market appetite for frontier AI.

Roughly 4,250 Anthropic employees holding years of stock compensation stand to become millionaires once shares trade publicly, turning paper grants into liquid wealth. Goldman Sachs, Bank of America, JPMorgan Chase, Wells Fargo and Bank of New York Mellon are competing for underwriting roles, a sign of how much fee business a listing this size generates. Retail and institutional investors gain a first direct route into Anthropic equity, rather than relying on private secondary markets as before.

Anthropic has signalled it will keep governance structures that limit how much sway new public shareholders actually have over strategic and safety decisions, echoing the capped, mission-locked setup OpenAI itself uses. A trillion-dollar valuation sitting alongside restricted shareholder control tests whether investors will accept financial exposure to a company that explicitly won't let them steer it. That tension, control versus capital, is the real story behind the headline valuation figure. (per cryptobriefing.com)

Anthropic's order book has already drawn enough demand to cover the shares on offer, an early signal of how the pricing will land once trading opens. The debut is expected next week on Nasdaq under the ticker ANT, and the final print, at, below or above the $70-$78 range, will show whether a $1.4 trillion valuation survives contact with public market buyers rather than private backers.

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market

The total crypto market fell 0.7% in the 4 hours after the first headline, after rising 0.2% in the 2 hours before.

48 prices, one every 30 minutes