Resolution criteria

This market resolves to YES if Anthropic PBC closes its first regular trading day following its Initial Public Offering (IPO) with a market capitalization of $1,100,000,000,000 ($1.1 trillion) or greater. Otherwise, it resolves to NO.

• Source of truth: Market capitalization will be determined based on official closing figures and share counts reported by financial data providers, such as Bloomberg, Nasdaq, or Google Finance.

• Measurement standard: The market cap is calculated as the official closing share price on day one multiplied by the total number of ordinary/common shares outstanding as disclosed in the company's final prospectus or first-day exchange data. If there is ambiguity between basic and fully diluted market cap, standard public exchange market capitalization (shares outstanding × close price) will take precedence unless the creator specifies fully diluted.

• Timing and cancellations: If Anthropic cancels, withdraws, or does not complete an IPO, before the end of 2026, resolves n/a.