Base Promotes ‘Tokenized Anthropic Shares’ as Trade.xyz Opens Pre-IPO Bets
AI summary
Base is promoting a 'tokenized Anthropic shares' trade as Trade.xyz opens pre-IPO betting on the AI company. The new ANT contract offers up to 10x leverage without any equity ownership, and Base's pitch identifies no issuer or token contract. Traders should note the product is a leveraged synthetic bet on a private company rather than a real equity claim, which raises counterparty and disclosure questions.
