Anthropic, создатель серии больших языковых моделей Claude, подал prospectus для листинга на Nasdaq, который предполагает потенциальную оценку до 2 трлн долларов. Файлинг раскрывает, что семь со‑основателей collectively own roughly 1.4% of the firm – about 1.4 billion shares – a stake that could be worth as much as $203 billion if the IPO is priced at the top of the disclosed range.

Equity founders and possible payout

According to the filing, each co‑founder holds between 231 million and 244 million shares, translating to an individual ownership percentage of roughly 0.2% of the fully‑diluted company. At the most recent private‑round price of $58.90 per share, those holdings are valued between $13.7 billion and $14.4 billion per founder. Should the IPO price be set to support a $2 trillion market cap – a figure reported by multiple outlets but not explicitly listed in the prospectus – each founder’s stake could rise to $27 billion‑$29 billion, bringing the group’s combined worth to $189 billion‑$203 billion. All seven founders are listed as “selling stockholders,” though the filing does not disclose how many shares they intend to sell after the offering.

Crypto markets already pricing Anthropic

Crypto traders have been betting on Anthropic’s valuation through perpetual contracts on offshore venues. Unchained notes that contracts on the Hyperliquid‑based trade.xyz platform opened at $138 per share and traded near $115 the following day, implying a market cap close to $1.9 trillion. Similar contracts on other exchanges have quoted valuations ranging from $1.87 trillion to $1.92 trillion. These synthetic instruments settle in stablecoins and offer up to 10× leverage, but they do not confer actual share ownership and are unavailable to U.S. residents.

What to watch before the pricing window

The IPO pricing is expected in mid‑November, and the final share count and price range remain blank in the filing. Investors should monitor the following signals: (1) the official share‑count disclosure that the SEC will require before the roadshow, (2) any updates to the multi‑class share structure that Anthropic plans to use to keep founder control, and (3) the behavior of crypto‑based perps, which have historically missed opening trades by about 25 % but tend to track the direction of the actual IPO price. The company’s support page also warns that tokenized securities may have “no value due to our transfer restrictions,” underscoring the regulatory risk for crypto‑based exposure.