Coinbase launches Anthropic and OpenAI pre-IPO perpetual contracts as Anthropic falls

Coinbase Markets began trading the private-company-linked derivatives at or after 11:00 UTC on June 22, 2026, while Anthropic-linked contracts later fell as much as 9% and hit new lows on Coinbase and Binance.

35d ago

Fact Check

Multiple independent sources confirm the core claims. The crypto.news article 'Anthropic futures shrug off Coinbase debut and hit fresh lows' states Anthropic pre-IPO futures fell up to 9% since their Coinbase debut, with contracts on both Coinbase and Binance hitting new lows—exactly matching the claim. The companion crypto.news article and corroborating reports from Yahoo Finance, Bitcoin.com, Stocktwits, and Digg confirm Coinbase launched OpenAI and Anthropic pre-IPO perpetual contracts around June 22, 2026, competing with Binance's earlier listings. The precise '11:00 UTC' start time on June 22 was not directly verified in fetched pages, but the launch date, product type, the 9% decline, and the new lows on both Coinbase and Binance are all strongly corroborated.

Summary

Coinbase Markets said it would list pre-IPO perpetual contracts tied to Anthropic and OpenAI under the symbols ANTHROPIC-PERP and OPENAI-PERP, with trading set to begin at or after 11:00 UTC on June 22, 2026. After the debut, Anthropic pre-IPO contracts fell as much as 9%, with crypto.news reporting that Anthropic-linked contracts on Coinbase and Binance slid to fresh lows despite the new listing and renewed trader attention. The products give traders synthetic exposure to private-company valuations through derivatives without directly owning equity.

Terms & Concepts

pre-IPO perpetual contracts: Derivatives tied to a private company's expected value before a public listing, without requiring direct equity ownership.
perpetual futures: Derivatives without an expiration date that track an underlying reference price.
derivatives: Financial contracts whose value tracks an underlying asset or benchmark.