Anthropic Pre-IPO contract jumps more than 21% in four days, implying a $1.802 trillion valuation

Anthropic Pre-IPO contract jumps more than 21% in four days, implying a $1.802 trillion valuation

N
News Editor
2026-08-16 01:58:24
The ANTHROPIC Pre-IPO pair on Binance rose 8.47% over the past 24 hours to $1,802, extending its four-day gain to more than 21%, with 24-hour trading volume reaching $19.57 million. Using the contract’s current price of about 1,802 USDT and a reference share count of 1 billion, the implied valuation for Anthropic stands at roughly $1.802 trillion. Earlier, the Financial Times cited six Anthropic investors who said rapid growth in demand and revenue for Claude could justify a valuation close to $2 trillion, roughly double the company’s $965 billion valuation in May. Based on that $2 trillion reference point, the contract still suggests about 11% theoretical upside. The report also said investors are focused mainly on revenue growth: Anthropic said in May that annualized revenue had topped $47 billion, and those investors expect that figure could reach $100 billion to $120 billion by year-end. One investor said a 30x revenue multiple could support a $3 trillion valuation, though the estimates were described as investor forecasts, and several investors said Anthropic executives have not yet settled on an IPO valuation target in private discussions.

Market data on Aug. 16 showed that the ANTHROPIC Pre-IPO trading pair on Binance was up 8.47% over the past 24 hours at $1,802. The contract has gained more than 21% over the last four days, while 24-hour trading volume reached $19.57 million.

Current contract price points to a $1.802 trillion implied valuation

Based on the Binance Pre-IPO contract price of about 1,802 USDT and a reference share count of 1 billion, Anthropic’s implied valuation comes to about $1.802 trillion.

If the $2 trillion IPO valuation discussed by some investors is used as a reference, the contract still indicates about 11% in theoretical upside.

Financial Times interview highlighted investor views on revenue growth

The Financial Times previously interviewed six ANTHROPIC investors, who said strong growth in Claude demand and revenue could justify nearly doubling Anthropic’s May valuation of $965 billion to a level close to $2 trillion.

According to the report, revenue growth is the main metric those investors are watching. Anthropic said in May that its annualized revenue had exceeded $47 billion. That group of investors expects the figure could rise to between $100 billion and $120 billion by the end of the year.

One investor went further, saying Anthropic could be worth $3 trillion based on a 30x revenue multiple.

Valuation figures remain investor projections

Those numbers, however, were described as investor projections. Several investors said Anthropic executives have not yet settled on an IPO valuation target, even in private conversations.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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