# JonesTrading Markets Anthropic IPO Allocations in $500 Million Block By John Kim Canonical URL: https://www.tokenpost.com/news/business/54510 Published: 2026-11-11T21:38:39.000Z Updated: 2026-11-11T21:38:39.000Z Section: Business > Buyers would pay an additional 3% to 5% of the final IPO price and need approval from the seller and a participating bank. Investors seeking shares in Anthropic’s planned IPO are lining up buyers before pricing, as JonesTrading markets up to $500 million in expected allocations with a fee tied to the final offer price. Buyers in the JonesTrading block would pay an additional 3% to 5% of the final IPO price. The shares would not be subject to a lockup, but each buyer must be approved by the seller and a bank participating in the offering. A separate seller is marketing more than $1 billion in existing Anthropic shares through a single-layer special purpose vehicle (SPV) that directly holds the stock. That offer carries a separate fee and implies a company valuation of $1.4 trillion to $1.6 trillion. It involves existing shares, unlike the JonesTrading block of expected IPO allocations. Anthropic is seeking a fully diluted IPO valuation of about $1.4 trillion. Its [planned IPO and private placement]() could raise up to $90.35 billion. The IPO is expected to be priced Nov. 18, with trading expected to begin Nov. 19. ## Links in this article - [planned IPO and private placement](https://www.tokenpost.com/news/business/53934)