OKX launched a 10x valuation betting product for Anthropic

According to The Defiant, after Anthropic submitted its IPO documents, the cryptocurrency exchange OKX launched a 10x betting product based on Anthropic's valuation.

This product is aimed at eligible traders in the European Economic Area, offering cash-settled risk exposure rather than actual shares or IPO allocations. The product includes a share quantity adjustment mechanism designed to maintain the value of the position.