NEAR Protocol has introduced confidential pre-IPO perpetual futures linked to two high-profile equity events: India’s largest IPO for Reliance Jio and the anticipated Nasdaq listing of AI firm Anthropic. The trading launch was reported on October 27, 2026, marking a notable expansion of decentralized derivatives into private corporate assets.
The new instruments offer up to 10x leverage and integrate privacy layers into on-chain execution, allowing traders to speculate on pre-IPO valuations without publicly revealing their positions. The futures are powered by HyperliquidX and tradexyz, according to NEAR Protocol’s announcement.
For the $JIO pre-IPO, confidentiality is a key feature as India’s largest IPO approaches. Traders can engage in perpetual contracts without exposing their positions, a shift that could reshape trading strategies and attract both retail and institutional participants seeking privacy. For $ANT, the perpetual contract linked to Anthropic equity provides exposure to the company behind Claude ahead of its expected Nasdaq debut.
The initiative represents a convergence between decentralized finance and AI, opening access to corporate assets traditionally reserved for venture capital and accredited investors. NEAR Protocol is positioning itself as infrastructure for pre-IPO market tokenization and price discovery, though the next test will be actual liquidity and contract convergence as Anthropic’s IPO timeline progresses.
