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Kraken Opens Anthropic IPO Applications, Excludes U.S. Persons

The xStocks offer adds a 5% spread to the IPO price; underwriters decide allocations, and funds for unfilled requests will be returned.

A hand taps a blank tile on a smartphone screen / TokenPost.ai
A hand taps a blank tile on a smartphone screen / TokenPost.ai

Kraken has opened applications for Anthropic's initial public offering through its xStocks tokenized-stock product, with access unavailable in the United States or to U.S. persons.

The offer is also unavailable in the United Kingdom, Canada, Australia, Japan and New Zealand, as well as in sanctioned jurisdictions.

Applicants can submit interest at the IPO price plus a 5% spread. Underwriters decide allocations based on demand, so applying does not guarantee an allocation. Funds for unfilled requests will be returned.

The tokenized shares provide price exposure only and carry no voting or dividend rights. The applications follow Kraken's earlier preview of its Anthropic IPO tokenized product.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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