Liquid Exchange Contracts Value Anthropic at $1.7 Trillion in Pre-IPO Slide

Trading contracts for Anthropic's equity on the Liquid exchange now imply a total market valuation of $1.7 trillion, down from a peak of about $1.9 trillion earlier this week and representing a drop of nearly 20% over the last month. The decline follows the disclosure of the firm's official listing documents and its S-1 filing becoming public on Monday.