Coinbase Expands Pre-IPO Trading With OpenAI and Anthropic Futures
Coinbase has widened its pre-IPO trading lineup by launching perpetual futures tied to OpenAI and Anthropic, two of the most closely watched artificial intelligence companies. The move gives eligible international traders a new way to speculate on the firms valuations before either company reaches public markets. The launch also signals growing demand for products that offer exposure to private technology giants, especially as investor interest in AI continues to accelerate across global financial markets. Coinbase Deepens Its Push Into Pre-IPO Markets The exchange officially opened trading for its ANTHROPIC-PERP and OPENAI-PERP contracts on June 22. Shortly after launch, Coinbase enabled a full range of trading functions, including market, limit, stop, and stop-limit orders. The new products follow the companys earlier introduction of SpaceX-linked perpetual futures. That launch attracted significant attention from traders seeking access to private firms with strong brand recognition and high growth expectations. Two of the biggest, most hyped private companies are due to go public soon (OpenAI and Anthropic). But because they‘re private, regular people can’t get exposure. We launched pre-IPO perps for both these companies on Coinbase (non-US customers). Consequently, Coinbase has moved quickly to broaden its offerings in the emerging pre-IPO derivatives sector. The company aims to provide alternative ways for









