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Coinbase Pre-IPO Perps Push Crypto Rails Deeper Into Private Markets
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Strict editorial policy that focuses on accuracy, relevance,… Read full article
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OpenAI and Anthropic Pre-IPO Trading: Coinbase Launches Exposure to 2 AI Giants Still Private
Coinbase has launched pre-IPO perpetual futures linked to OpenAI and Anthropic, giving eligible non-U.S. traders a new way to track the valuations of two prominent private AI firms. The contracts are settled in USDC and are designed to transition toward… Read full article
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How Coinbase’s OpenAI & Anthropic Pre-IPO Futures Work
Key Takeaways

Coinbase launched ANTHROPIC-PERP and OPENAI-PERP pre-IPO futures on June 22.
The contracts are USDC-settled and track each company’s private valuation.
They convey no equity, ownership, voting rights, or dividends.
US persons cannot trade them; they are for eligible… Read full article
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