The new financial instrument, titled 21Shares Anthropic Synthetic ETP (CLAU), is now available for trading on the Vienna MTF. This product utilizes crypto derivatives to provide investors with exposure to the private AI firm Anthropic.
The ETP operates through total return swaps that track the Kaiko Anthropic USD Reference Rate. This reference rate is calculated based on perpetual futures contracts for Anthropic listed on the Binance exchange.
The product does not grant investors actual equity or voting rights in the company. Instead, it serves as a mechanism to track the implied pre-IPO valuation of Anthropic as market participants monitor potential public offering developments.
Future valuation expectations for the company remain subject to upcoming financial disclosures regarding revenue and growth. Furthermore, potential regulatory actions by the U.S. Securities and Exchange Commission could influence the timeline for a public offering.
