Crypto traders value Anthropic at $1.9 trillion as investor warns its IPO could mark the top of the AI bubble

Crypto traders price Claude developer near $2 trillion

Crypto trading platform Liquid reported that Anthropic's implied valuation fell roughly 2% to $1.88 trillion after the announcement.

Meanwhile, Better Markets quoted an indicative pre-IPO share price of $2,967.92, corresponding to an estimated $1.43 trillion valuation under its pricing methodology.

The enormous valuations have divided investors over what Anthropic's public debut could mean for the wider technology sector.

Simon Dedic, founder of Moonrock Capital, said he expects the company to begin trading by mid-November, adding that the listing could mark the “top of the AI bubble” or become one of the largest wealth-creation events in private-market history.

Dedic argued that an offering of this magnitude could release substantial capital accumulated by early investors and employees, potentially redirecting investment toward startups and other markets.

His assessment raises a broader question about how much of the wealth created during the AI investment boom might eventually flow into other asset classes, including crypto.

However, Anthropic has not confirmed its trading date or offering valuation, while the timing of shareholder sales will depend on restrictions attached to existing holdings.