Anthropic Pre-IPO Futures Crash After Coinbase Debut

Coinbase launched the ANTHROPIC/USDC pre-IPO perpetual futures contract on June 22, and it has since dropped by 7.2% from the opening price of $1,728. The ANTHROPIC/USDT contract on Binance also recorded a 5% decline to $1,630 between June 22 and June 23. This drop comes despite Anthropic partnering with $1.37 trillion Micron Technology, suggesting that