The move follows the October 13 launch of a similar service by the crypto exchange MNX, which enables trading on OpenAI and Anthropic, including a combined revenue index and futures on Chinese AI labs. While MNX aims to compete with established platforms like OKX and Bitget, analyst Scott Melker warns that these are leveraged bets rather than equity stakes. Furthermore, winning positions on these exchanges may not receive full payouts if available collateral and fees are insufficient.
Tuesday, October 20, 2026
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Phoenix Launches Anthropic Perpetuals With 6x Leverage
Crypto4 days ago
Speculators now have an additional venue for betting on the valuation of private artificial intelligence firms following the release of derivative contracts tied to Anthropic on the Phoenix platform. These pre-IPO perpetuals allow traders to take long or short positions on the company's estimated worth using up to 6x leverage.
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