FTX Sold Too Early: Anthropic Stake Now Implied at Up to $20B

TL;DR:

Anthropic is reportedly gearing up for a new funding round that aims to raise about $10 billion at a valuation of roughly $350 billion. The deal is expected to close in the coming weeks, with GIC and Coatue Management leading the round.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence SOL price action and market sentiment in the near term.