Even Anthropic's 'valuation' is now being traded on-chain After Entropy secured $14 million in funding, the first Pre-IPO perpetual contract directly targets Anthropic, allowing regular traders to go long or short on the valuation of this AI unicorn 24/7. No actual equity, no dividends, no voting rights—you're only trading the price exposure. From crypto assets to U.S. stocks, and now to the valuations of private companies, Hyperliquid is bringing more and more traditional markets on-chain.