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Changpeng Zhao says IPOs will move to blockchain as Anthropic premarket trading surges

Binance founder Changpeng Zhao (창펑 자오) forecast that traditional IPOs will eventually shift to blockchain, arguing tokenised offerings can provide 24-hour liquidity, integrate with DeFi protocols and tap retail investors globally. He pointed to on-chain infrastructure for real-world assets, where tokenised stocks and ETFs account for part of the market. Separately, trading in Anthropic pre-IPO derivatives has surged on Binance and decentralised exchange Hyperliquid, despite legal barriers linking such markets to traditional finance.