Binance adjusts ANTHROPICUSDT Pre-IPO perpetual futures cont
Two sources reported on November 13 that Binance plans to raise the share baseline of its ANTHROPICUSDT perpetual contract from 1 billion shares to 13,116,075,288 shares — about 13.12 times the original baseline — ahead of the Anthropic IPO, and to rename the contract ANTUSDT; existing positions will not be affected.
Event Timeline
- [11-13 11:31] Binance plans to raise the share-count baseline of the ANTHROPICUSDT Pre-IPO perpetual contract to about 13.116 billion shares and rename it ANTUSDT (Odaily)
- [11-13 11:51] Binance plans to raise the share baseline of the Anthropic pre-market perpetual contract to about 13.1 billion shares, with the contract renamed ANTUSDT (PANews)
Background and Impact
On November 13, Odaily and PANews reported successively that Binance issued an announcement planning to adjust the share-count baseline of the ANTHROPICUSDT Pre-IPO perpetual contract before Anthropic's formal IPO listing, raising it from the currently estimated 1 billion shares to 13,116,075,288 shares, roughly 13.12 times the original baseline. Both sources said the adjustment is based on the S-1/A-2 filing Anthropic submitted on November 10, and that the specific adjustment date and details will be announced separately.
Before the formal adjustment, the contract will continue to be quoted based on the estimated 1 billion shares. PANews further provided the composition of the new baseline: 13,086,672,593 shares of various classes of common stock outstanding after this offering and concurrent private placements, plus additional common shares issued after September 30 due to the acquisition of non-public companies and accompanying issuances. Odaily emphasized that 13,116,075,288 shares is about 13.12 times the original 1 billion share baseline. Neither source disclosed the specific effective date of the adjustment.
Binance also plans to change the contract's trading ticker from ANTHROPICUSDT to ANTUSDT as part of the adjustment. Odaily said existing positions are not affected by the ticker change and users do not need to close or settle positions because of it; PANews also said existing positions are unaffected. Binance said that if Anthropic updates the relevant documents before listing, the estimated share count may still be adjusted further.
In terms of scope, the adjustment mainly concerns the quotation baseline and trading ticker of this Pre-IPO perpetual contract on the Binance platform. Users who check the announcement through entry points such as the Binance registration app download can verify the original documents; users of entry points such as the Bitget registration app download, Gate.io registration app download, OKX registration app download, and HTX registration app download should follow Binance's subsequent announcements. Because the formal adjustment date and details have not yet been announced, existing position holders need to watch for the final confirmation of the ticker change and the share-count baseline.
FAQ
### Will this adjustment affect existing positions?
Both sources said the change of the contract ticker from ANTHROPICUSDT to ANTUSDT does not affect existing positions, and users do not need to close or settle positions because of the ticker change; however, the specific adjustment date has not been announced.
### What makes up the new share-count baseline?
PANews said the 13,116,075,288 shares include 13,086,672,593 shares of various classes of common stock outstanding after this offering and concurrent private placements, plus additional common shares issued after September 30 due to the acquisition of non-public companies and accompanying issuances.
### What milestones should be watched going forward?
Watch Binance's announced formal adjustment date and details, and whether Anthropic updates the relevant documents before listing; Binance said that if the documents are updated, the estimated share count may still be adjusted further.