Asian Investors Turn to Crypto and Tech Proxies as Anthropic IPO Access Stays Limited

Anthropic’s public prospectus release on Oct. 26 marked a step toward a planned Nasdaq listing, but the offering’s price, size and date remain undecided. Anthropic is known for its Claude AI model family.

Existing investors have discussed a potential valuation of $1.5 trillion to $1.75 trillion. That range is above Anthropic’s roughly $965 billion post-money valuation from its May funding round, while below expectations above $2 trillion that some investors had considered. Earlier coverage of the valuation range detailed those discussions.

Limited access to Anthropic’s IPO has pushed some Asian investors toward shares in Amazon and Alphabet, crypto derivatives and semiconductor stocks.