NEAR Brings Anthropic IPO Speculation Onchain as Wall Street Eyes a Historic Listing

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Anthropic’s planned stock market debut is drawing attention across all realms and domains. The speculation has now ended up penetrating the crypto sector, as the NEAR Protocol has launched perpetual futures tied to the AI company’s expected share price. This development has given investors a chance to explore the potential market value of the Anthropic IPO before its market debut. The move has arrived after Anthropic filed its IPO registration with the US SEC, as Wall Street anticipates the company delivering a blockbuster listing.

Also Read: Broadcom (AVGO) Stock Gets $400 Target After $63B Anthropic AI Chip Deal

Near Protocol Launches Anthropic Futures

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Source: CoinMarketCap

Near Protocol is busy banking on the current Anthropic IPO development. The protocol has launched a new product offering called ANT perpetual futures on the NEAR trading platform. These futures are powered by Hyperliquid and TradeXYZ. Traders are free to take long and short positions on the aforementioned futures, with up to 10x leverage. At the same time, NEAR says individual positions are kept out of public view for a more private trading experience.

The Near protocol Anthropic futures launch has given crypto traders a chance to speculate on Anthropic IPO shares’ potential market value. However, these instruments are derivatives and not real Anthropic shares. Perpetual futures do not have a fixed expiry date. At the same time, leverage allows users to take larger positions with less initial capital, but it can also magnify losses.

Also Read: Binance Seeks License, Delists 22 Tokens as Brazil Markets Plunge After Lula’s Win

Why Wall Street Is Watching Anthropic IPO Development

Anthropic’s IPO could become one of the largest public offerings in history, depending on its eventual valuation and deal size. Its rapid revenue growth has already attracted investors, while a planned listing could eventually give investors a direct way to buy shares in the company.

The firm reported revenue of $16.3 billion for the first half of 2026, up from approximately $1.2 billion during the same period a year earlier.

“The AI giant reportedly aims to match or surpass SpaceX’s record $75 BILLION IPO. However, its expected valuation has FALLEN to $1.5T–$1.75T from earlier estimates of $2T or more, despite quarterly revenue surging nearly 50% to $16.8 BILLION. Investor marketing could begin the week of November 9, with trading potentially starting before Thanksgiving. The listing could become a major test of investor appetite for AI amid growing concerns over the sector’s massive spending.”

As outlined by expert Shay Baloor, the Anthropic IPO filing showcases the breakdown of Anthropic’s revenue.

“Anthropic’s $ANT IPO filing shows it now generates $2.08 in revenue for every $1 spent on compute, which is up from just $0.40 in Q1 2025. What’s wild is that revenue grew ~29x while compute spending rose only ~6x as products like Claude Code drive adoption and more efficient models make each AI task cheaper to run.”

These figures suggest that Anthropic is generating more revenue relative to its compute and infrastructure expenses.

Investors are now watching whether Anthropic can justify its valuation through continued growth.

NEAR Price Prospects For The Future

Per CoinCodex, NEAR price is expected to hit a new high of $5.19 by April 2027.

Per the MCO crypto calculator tool, a $1000 investment in NEAR at the present price may be end up delivering $1108 by the time it hits $5.19. However, crypto markets are volatile; hence, user discretion is advised before investing

Also Read: Bitcoin Volatility Falls Below Major Stocks as Institutions Eye Greater Ownership. Is BTC Maturing?

Juhi Mirza

Written by Juhi Mirza

Juhi Mirza is a crypto journalist and writer covering digital assets, blockchain, markets, and emerging trends in the Web3 industry.