OpenAI and Anthropic Pre-IPO Trading: Coinbase Launches Exposure to 2 AI Giants Still Private

Key Takeaways Coinbase introduced valuation-linked futures tied to OpenAI and Anthropic for eligible traders. Unlike traditional investing, the contracts provide exposure without ownership or voting rights. Contract adjustments can connect pricing to public market data after listings. Coinbase Promotes New Access to OpenAI and Anthropic Valuations Crypto exchange Coinbase (Nasdaq: COIN) has introduced pre-IPO perpetual…

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CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise

In brief Trace Finance raised a $32 million Series A round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, and more. The funding comes as Brazil reclassifies cross-border crypto flows as foreign-exchange operations, pushing institutional volume toward bank-grade providers like Trace. The company plans to use the funds to expand beyond its U.S.-Brazil…

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