21Shares Launches Synthetic ETP for Anthropic, Offering Pre-IPO Valuation Exposure to AI Unicorn

Odaily News: 21Shares has launched a synthetic exchange-traded product (ETP) based on Anthropic's valuation on the Vienna Stock Exchange, with ticker symbol CLAU, providing investors with unleveraged exposure to Anthropic's pre-IPO valuation.

The ETP does not represent direct ownership of Anthropic shares, whether before the company's listing or after the IPO is completed. Its return exposure comes from a Total Return Swap that tracks a reference rate constructed by Kaiko, which is based on Anthropic perpetual futures prices on Binance.

21Shares stated that the product is designed to allow investors to participate in the valuation changes of private AI companies through traditional financial market instruments, providing a new investment channel for high-growth technology companies that have not yet gone public.