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Binance Plans 13.12 Billion-Share Reference for Anthropic Contract

The estimated basis is about 13.12 times the current one-billion-share reference. Binance has not announced an implementation date.

Updated 1 min read
A passerby checks a mobile trading app beneath a covered walkway in Singapore’s Raffles Place. / TokenPost.ai
A passerby checks a mobile trading app beneath a covered walkway in Singapore’s Raffles Place. / TokenPost.ai

Binance is preparing a major revision to the reference behind its Anthropic-linked pre-IPO perpetual, with the estimated share base moving from one billion to 13,116,075,288 if implemented.

That would put the new figure at about 13.12 times the current estimate. The calculation draws on Anthropic’s Nov. 10 S-1/A-2 filing. The share count is an input for contract quotes, not a number of shares distributed to traders. The one-billion-share estimate will remain the contract’s reference until Binance implements the change. Binance has not announced an implementation date or provided adjustment details.

At rollout, Binance plans to use ANTUSDT in place of ANTHROPICUSDT. Traders can leave positions open during the symbol update, which does not require a close or settlement.

Binance’s contract terms give holders no ownership in Anthropic. EconoTimes discussed that distinction in earlier coverage of the contract. If Anthropic revises related filings before its IPO, the estimate may need another update.

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