Previously, participating in the IPO of AI unicorns like Anthropic was largely a gamble for ordinary retail investors. Now, Kraken is lowering the barrier to entry. According to @krakenfx_ZH, Kraken will launch an entry point for participating in the Anthropic IPO through xStocks, with the product code ANTx. Interestingly, you only need $10 to submit an expression of interest. However, it's crucial to clarify that ANTx is a tokenized stock product offering exposure to Anthropic's price; it does not represent direct ownership of Anthropic shares. The specific rules are straightforward: ① Both Kraken and Kraken Pro are eligible to participate, depending on your region's eligibility. ② The minimum investment is $10. The standard version supports USDC, while the Pro version also supports USD and USDG. ③ The subscription price is calculated based on the final IPO price, plus a 5% underwriting fee. ④ After submitting your expression of interest, your funds are only reserved and will not be immediately deducted. You can add funds or cancel before the window closes. ⑤ The final allocated ANTx will be delivered on the listing date, and funds for any unallocated portion will be refunded. Please note that allocation is not guaranteed and is not on a first-come, first-served basis. The final allocation is determined by the IPO underwriters based on demand; it may result in full allocation, partial allocation, or no allocation at all. Therefore, do not mistake submitting an expression of interest for already having purchased Anthropic. Personally, I think what's noteworthy about this is not just the $10 participation threshold, but that Kraken is attempting to use xStocks to allow ordinary users to access IPO-related products that previously had relatively high participation barriers. Of course, a low threshold does not equal low risk. It's especially important to understand the difference between ANTx and direct shareholding, as well as the actual allocation and fee rules. Interested parties can research this further: Kraken: https://www.((kraken.com))/ Kraken Pro: https://proapp.((kraken.com))/9f1e/tz29xp26