Solana News Today: Anthropic Stock Could Trade Beyond Wall Street

Bablu Singh Nirwan
Bablu Singh Nirwan
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Solana News Today Anthropic ANT token 24/7 trading

Solana News Today: Anthropic Stock Token ANT to Trade Around the Clock

Solana News Today begins with a milestone for onchain stocks. 

Backpack Onchain has announced that ANT, a tokenized version of Anthropic stock issued by Backpack Securities, will trade 24/7 on Solana through Sunrise from the day the company lists on Nasdaq. 

This article explains what was announced, how tokenized stocks work, what the company’s IPO filing says, and how SOL is trading, all in simple words.

What Is the Latest Solana News Today for ANT?

Backpack Onchain said that ANT will trade onchain via Sunrise once Anthropic’s shares begin trading on Nasdaq. 

Sunrise added that the token will be open for 24/7 trading across the network’s markets from that first day. 

The token is issued by Backpack Securities, which means it is a separate product from the Nasdaq-listed shares, although the platform describes it as redeemable for a real share.

Why does the timing matter? The US regular stock session runs only 6.5 hours on weekdays, while onchain markets stay open. 

How Does a Tokenized Stock Work?

In simple terms, a tokenized stock is a digital token that stands for one share, so it can be held in a crypto wallet and traded on-chain.

According to the official tokenized stocks page, the system works like this:

  • Each token can be redeemed one-to-one for a real share.

  • Minting and redeeming take seconds.

  • Shares are held as security entitlements under Article 8 of the New York Uniform Commercial Code.

  • Shares can be moved in from another US brokerage through the Depository Trust Company, while transfers out to other brokerages are in private access.

  • Eligibility and jurisdiction limits apply, and fees may apply, so users should read the terms first.

The platform also reports its own scale figures: 90 tokenized securities live, more than $5.3 billion in on-chain volume, and over 430,000 token holders between June 12 and October 18, 2026. These are the company’s own numbers.

What Does the Anthropic IPO Filing Say?

The latest amended registration statement, filed on November 10, 2026, lays out the offering terms.

In simple terms, an IPO is the first time a company sells its shares to the public. 

The price range is only an estimate until the deal is priced.

Item

Detail

Filing

Amendment No. 2 to Form S-1, filed November 10, 2026

Shares offered

825,000,000 Class A shares

Sold by the company

801,351,354 shares

Sold by existing holders

23,648,646 shares

Estimated price range

$70.00 to $78.00 per share

Venue and symbol

Nasdaq Global Select Market, “ANT”

Underwriter option

Up to 123,750,000 extra shares

Private placement

$26.0 billion of Class N stock sold to seven partners at the IPO price

Status

Subject to completion, with final terms and dates not yet filled in

At the $74 midpoint, the company estimates net proceeds of about $84.6 billion from the offering and the private placement combined. 

The seven partners named in the filing are Google, NVIDIA, AMD, Broadcom, Micron, Microsoft, and TSMC Partners. 

The filing also says the founders’ special share class carries 50.1% of voting power on most matters.

What to Watch Next

This Solana News Today update is still early, so a few points deserve attention:

  • The final IPO price and the confirmed first trading day

  • Whether the token tracks the share closely once both trade

  • How much activity the 24/7 market attracts outside US trading hours

  • Which regions and users are eligible, since the platform says limits apply

  • Risk: the official page notes that tokenized securities involve risk

Because tokenized stock is a newer market, readers should compare official terms, fees and redemption rules before using it.

Conclusion

In short, Solana News Today shows that a major IPO may reach onchain trading on its first day, with ANT set to trade 24/7. 

The filing still leaves the final terms and dates open, so confirm every detail from official sources before acting.

Disclaimer

This article is for educational and informational purposes only and is not financial or investment advice. Crypto assets are high risk, their prices can be very volatile, and you can lose some or all of your money. Always do your own research and consider speaking with a licensed financial advisor before making investment decisions.

Bablu Singh Nirwan

About the Author Bablu Singh Nirwan

English Blog Writer at coingabbar.com

Bablu Singh Nirwan is a Content Writer with 6 months of experience covering blockchain, cryptocurrency, Web3, and digital finance. He specializes in researching emerging trends, simplifying complex topics, and creating SEO-optimized content. His work focuses on clarity, accuracy, and engaging insights that keep readers informed about the evolving crypto industry.

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