Anthropic reportedly plans to go public next week, with its valuation having dropped from $2 trillion to around $1.3 trillion, while also releasing its new Fable 5.2 model today to build momentum for the IPO. From an investment exit perspective, this timing is certainly a bit late. However, for a company, a high valuation isn’t necessarily something to strive for; a relatively lower valuation can provide the company with more room to grow. After all, there will be various ways to raise capital after the IPO, so there’s no need to rush. The volatility in the U.S. stock market is currently having a significant impact on cryptocurrencies. If the U.S. stock market remains sluggish—or is even dragged down by ANT —cryptocurrencies will face another wave of immense pressure.