Kraken opens Anthropic IPO requests through the ANTx tokenized stock

Kraken has opened requests for the Anthropic IPO through ANTx, a tokenized version of the stock. The Kraken Anthropic IPO window runs until 17:00 UTC on 18 November, which is 18:00 in Central Europe and 19:00 in Kyiv. You can apply on the Kraken website or in the app.

The offer is open in the European Economic Area and many other regions. Kraken excludes US persons and residents of the UK, Canada and Australia.

Price, spread and valuation

Anthropic set a price range of $70 to $78 per share on 10 November and plans to sell 825 million shares, CNBC reported. At the top of the range the company would raise about $64.35 billion and be valued at up to $1.405 trillion on a fully diluted basis. In its May funding round investors valued it at $965 billion.

The exchange adds a 5% spread to the final IPO price and may charge other fees. At $78 a share, one ANTx would cost you about $81.90 before those fees.

Anthropic expects to set the price on 18 November and to start trading on Nasdaq under the ticker ANT on 19 November. If Kraken fills your request, ANTx should appear in your account on listing day.

How allocation works

Kraken does not serve requests in the order they arrive. The underwriters decide allocation by demand, and you may get your full amount, part of it or nothing. Kraken returns the money for any unfilled part to your balance.

ANTx is an xStock issued by Backed Assets (JE) Limited under a prospectus registered in the EU. It tracks the price of Anthropic Class A shares and gives you:

• exposure to the share price;
• no voting rights and no dividends;
• no direct ownership of Anthropic stock.

“Our aim is to help humankind chart a safe course through this technological evolution.”

— Anthropic co-founders, IPO prospectus

Quote source: CNBC, 10 November 2026.

Traders already price a pop

Crypto traders bet on a strong debut weeks before the listing. On Hyperliquid the pre-IPO perpetual contract for Anthropic traded at about $95 to $98 on 10 and 11 November, around a fifth above the top of the range. When it launched in late October it opened at $138 and then held between $110 and $120. That contract settles in cash and gives no shares or IPO allocation. Read our earlier report on how the Nasdaq sell-off cut the expected valuation.

Before you send funds, check that your Kraken account is verified and that ANTx is available in your country. The price on listing day can come in below what the pre-IPO contract shows today.

The terms come from Kraken's offer page as of 11 November 2026, and Anthropic can still change the price range and the date. xStocks carry significant risk and are not suitable for every investor. This is news, not investment advice. Intokened has no affiliate link in this article.