According to CoinMeta, investors, due to the high difficulty of participating in Anthropic IPO, have begun to turn to indirect investment channels such as crypto derivatives. The IPO valuation planned for Anthropic is estimated to reach $1.5 trillion. Affected by strong subscription demand and related restrictions, it is quite difficult for Asian investors to directly participate in IPO. It is reported that OKX and Binance have launched perpetual contracts linked to the valuation of Anthropic; the related perpetual contracts on the EntropyIO platform under Hyperliquid once had an implied valuation of about $1.88 trillion. However, Anthropic still faces risks such as uncertain profit paths, high capital investment required for AI projects, and fierce industry competition. Related "proxy" investments may also be affected by factors from other industries.