Kraken launches OpenAI and Anthropic pre-IPO perps
Kraken is offering perpetual futures tied to the private-market valuations of OpenAI and Anthropic, giving eligible traders leveraged exposure before either artificial intelligence company completes a public listing. SummaryKraken offers cash-settled Anthropic and OpenAI pre-IPO perpetuals with maximum leverage of five times globally.The contracts provide price exposure without shares, voting rights, dividends or ownership in either company.Kraken excludes customers in U.S., EEA, Canada, Australia and New Zealand from these products entirely.Pricing uses a smoothed synthetic index with mark prices clamped within a 0.25% band continuously.Kraken plans to change pricing if either company completes an IPO, with specifications changing afterward. The cash-settled contracts support long and short positions, have no expiration date and offer leverage of up to 5x.The exchange promoted its Anthropic contract again on Sept. 6 after initially announcing both products in June. Krakens official post identified the Anthropic contract as PF_ANTHROPICXUSD and confirmed support for multi-collateral margin. OpenAI trades under the PF_OPENAIXUSD symbol. Neither contract represents shares issued by the companies, and Kraken says it has no affiliation with, endorsement from or sponsorship by OpenAI or Anthropic. ANTHROPIC pre-IPO perpetual futures (PF_ANTHROPICXUSD) live with up to 5x leverage ☑️ Long or short ☑️ Hedge an existing Anthropic position ☑️ Multi-collateral margin ☑️ No expiry Trade now ????https://t.co/IlyVXfoaCv









