Bitget Opens Anthropic Pre-IPO Token Subscriptions

Bitget has opened Anthropic pre-IPO token subscriptions through its IPO Prime platform, offering eligible users indirect exposure to the AI company’s planned Nasdaq listing. Users can commit at least $100 in USDT or USDGO for rANT tokens, which represent economic exposure to shares held by Bitget’s brokerage and custody partners—not direct shareholder status or voting rights. Allocation is not guaranteed, and U.S. residents are excluded. The VIP round runs from Nov. 5 to 9, with a $1 billion allocation cap, a $3 million per-user limit and a 12% fee on allocated amounts. The public round runs from Nov. 10 until 24 hours before listing, with a $200 million cap, a $25,000 individual limit and a 5% fee. Unallocated funds will be returned, and settlement is scheduled three to five business days after Anthropic’s public debut. Anthropic filed its IPO registration on Oct. 26 and amended its prospectus on Nov. 2, but its listing date, valuation and share price remain unconfirmed. Bitget’s displayed pricing and valuation are estimates, not approved offering terms. This is the exchange’s third pre-IPO tokenized offering, following products tied to SpaceX and OpenAI. Anthropic pre-IPO token subscriptions give crypto traders a route to indirect exposure, but fees, uncertain allocation, token rights and IPO delays remain key risks.
Neutral
The announcement concerns tokenized exposure to Anthropic shares, not a direct catalyst for the price of a major cryptocurrency. USDT and USDGO are used for subscriptions, while rANT represents exposure to shares rather than a conventional crypto asset with established open-market trading. As a result, the news is unlikely to have a material, direct effect on the prices of these tokens or broader crypto market stability. In the short term, attention and trading activity may rise around rANT and Bitget’s offering, but allocation limits, fees, uncertain listing terms and the lack of guaranteed allocation could restrain demand. Over the longer term, a successful IPO could increase interest in tokenized securities, while delays, valuation changes or uncertainty over token-holder rights could weaken confidence. These factors make the price impact on the mentioned cryptocurrencies neutral overall.