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Market context. Anthropic has a Skew IPO outcome market, but ANT is not a listed stock yet. No public stock quote or listed-options flow exists.

Skew IPO outcome market

Anthropic (proposed ANT)

Explore five Yes/No markets on Anthropic’s first-day closing IPO market capitalization, with thresholds from $1.5T to $2.5T. Review the cutoff and settlement rules before trading.

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What is Anthropic?

Anthropic is a Public Benefit Corporation that develops AI systems, including Claude. On October 26, 2026, it filed a registration statement for a proposed initial public offering of Class A common stock and stated an intention to list on Nasdaq as ANT. A filing is one step in the IPO process; it is not a public share price or a completed listing. Skew’s Anthropic markets cover a separate set of outcome contracts about first-day closing IPO market capitalization. They ask whether a calculated value exceeds one of five thresholds. That value comes from the listing exchange’s official first-day close multiplied by post-offering shares outstanding in the final prospectus. A Skew Yes or No share does not grant ownership in Anthropic. Its payout depends on the terms of the specific contract, including the cutoff and fallback rules.

Market type
Five Yes/No outcomes
IPO cutoff
Apr 30, 2027

11:59 p.m. New York time

Resolution
Official exchange + prospectus
Settlement
Manual

After the evidence window closes

How the five outcomes could resolve

Example only: if the qualifying first-day closing IPO market cap were $1.8T, two Yes markets and three No markets would win. This is neither a forecast nor a current share price.

Market cap aboveWinning side at $1.8T
$1.5TYes
$1.75TYes
$2TNo
$2.25TNo
$2.5TNo

A market cap exactly equal to a strike pays No under the published template. The deployed contract terms govern actual settlement.

Key dates and sources

  1. Oct 26, 2026: Anthropic announced its proposed IPO filing. A filing alone does not settle these markets.
  2. Apr 30, 2027, 11:59 p.m. New York time: cutoff for a qualifying first regular-session close.
  3. After the evidence window: manual resolution under the published Skew rules. The window ends seven days after the earlier qualifying close or cutoff.

How to trade Anthropic outcomes on Skew

  1. 1

    Open the live markets

    Find the Anthropic IPO outcome family in the Skew app and check which contracts are listed.

  2. 2

    Choose a threshold

    Each of the five market-cap strikes is a separate Yes/No market. Read its exact question.

  3. 3

    Choose Yes or No

    Compare the share prices with your view of the first-day closing IPO market cap.

  4. 4

    Review the rules and risk

    Check the April 30 cutoff, evidence window, fallback payout, fees, and your maximum loss.

  5. 5

    Place and monitor the order

    If eligible and satisfied with the terms, submit your order. An early exit depends on liquidity.

Anthropic IPO market FAQ

What does the Anthropic IPO market ask?

Five separate Yes/No contracts ask whether Anthropic's first-day closing IPO market capitalization exceeds $1.5T, $1.75T, $2T, $2.25T, or $2.5T. Each strike is a separate outcome.

Does an S-1 filing settle the market?

No. A qualifying first public trading day's regular session must close by the published April 30, 2027 cutoff. The market cap calculation then uses the official exchange closing price and post-offering shares outstanding in the final prospectus.

Is the proposed ANT stock price shown here?

No. Anthropic intends to list under ANT, but its shares have not begun public trading. A Skew outcome share has its own Yes or No price, which is available in the app for the specific listed contract.

What happens if Anthropic does not complete a qualifying IPO by the cutoff?

The published template provides a fallback in which each Yes and No token pays 0.50 USDC. This is a fixed payout, not a refund of the purchase price. The deployed contract's immutable terms govern the final result.

When does the market settle?

Settlement is manual after the seven-day evidence window. That window starts after the earlier of a qualifying first-day close or the IPO cutoff. Read the exact contract rules for the evidence deadline and exceptional cases.

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