TOTAL VOLUME:
$114.4b
24H VOL:
$101,900,907
24H TRANSACTIONS:
1,362,287,844
OPEN INTEREST:
$1,178,729,067
335,697
Markets across
33,528
events
MATCHED EVENTS:
4,579
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
$
This market tracks the closing market capitalization of Anthropic following its initial public offering, measured across defined valuation brackets. Aggregating data from Polymarket and Limitless, the consensus shows the $0.6–0.9 trillion bracket and the $0.9–1.2 trillion bracket each at 50.0%, reflecting equal probability between these two middle-range outcomes. Resolution will be determined by the primary exchange official listing page or a reliable third-party financial data provider, based on the closing share price and shares outstanding from the first trading day. Watch for Anthropic's IPO announcement and pricing details, as these will be critical signals ahead of the December 31, 2027 resolution deadline.
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Prediction market participants on Polymarket and Predict are pricing Anthropic's IPO valuation based on real-time information, investor sentiment, and comparable company multiples. These odds often diverge from traditional equity research forecasts because markets incorporate forward-looking bets and reflect the collective conviction of active traders. Analyst reports typically rely on historical financials and DCF models, while prediction markets weight recent developments, competitive positioning, and macroeconomic conditions. Comparing the two reveals whether the street is more or less bullish than market participants on Anthropic's opening valuation.
Polymarket and Predict can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Polymarket and Predict may price Anthropic's IPO market cap differently due to variations in liquidity, user demographics, and market microstructure. Polymarket currently shows 85.5% for its top outcome, while Predict reflects 86.5%, a spread of 1.0 percentage points. Differences arise from distinct fee structures, order-book depth, regulatory frameworks, and the timing of large trades. Lower liquidity on one platform can amplify price swings, while geographic and institutional participation patterns also shape how each market weights Anthropic's valuation scenarios.
The market resolves on Jan 1, 2028, marking the deadline for Anthropic's IPO closing valuation to be finalized and verified. Resolution hinges on the official market capitalization reported at the end of the IPO's first trading day, determining which middle-bracket range Anthropic's valuation falls into. Participants should monitor regulatory filings, underwriter announcements, and real-time trading data as the event date approaches to assess the likelihood of each outcome bracket.
Key catalysts include Anthropic's updated financial disclosures, competitive announcements from OpenAI or other AI labs, macroeconomic shifts affecting tech valuations, and broader sentiment toward generative AI startups. Regulatory developments, major product launches, or partnerships could reshape investor appetite for Anthropic's shares. Market-wide corrections or rallies in comparable AI companies will influence opening-day momentum. Additionally, changes in interest rates, venture capital funding trends, and geopolitical events affecting AI development may alter the perceived risk and growth profile underlying Anthropic's IPO valuation.