TOTAL VOLUME:
$142.4b
24H VOL:
$104,871,197
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,592,701,755
469,827
Markets across
35,657
events
MATCHED EVENTS:
2,899
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$1.75–$2.0T
- Polymarket
$1.75–$2.0T - Polymarket
1W
News
Positive
Negative
Neutral
Hover marker for details
Vol.
·
Resolves Jan 1, 2028
$
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.
On Polymarket, this market is priced through a continuous double auction, where traders buy and sell contracts representing different potential outcomes for Anthropic’s IPO closing market cap. The price of each contract reflects the probability that outcome will occur, as determined by supply and demand. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate, the prices adjust to reflect the evolving consensus view. The market’s depth – the volume of contracts available at different price points – indicates the level of confidence traders have in each outcome. Currently, the most actively traded contracts relate to valuations between $2.0T and $2.25T.
This market resolves around Jan 1, 2028, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the closing market cap of Anthropic on its IPO day will be used to determine the winning outcome. The resolution will be based on publicly available data from reputable financial news sources and exchange filings. This ensures a transparent and objective determination of the result, reflecting the actual market valuation at the time of the IPO. Traders should monitor news sources leading up to Jan 1, 2028 for updates on the IPO process.
Several signals or events could significantly impact this market. Major announcements regarding Anthropic’s financial performance, such as revenue growth or profitability updates, would likely cause price fluctuations. Changes in the broader market conditions, particularly the performance of other tech IPOs or overall investor sentiment, could also influence trading activity. Regulatory developments or news related to competition in the AI space could also play a role. Finally, any shifts in analyst ratings or price targets for Anthropic could prompt traders to reassess their positions, leading to changes in the odds within this market.