Anthropic Files Confidential IPO at $965B, Oil Spikes Toward $100, Binance Opens 7,000 US Stocks

Crypto News

Anthropic has confidentially filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission, opening the door to one of the most anticipated artificial intelligence IPOs in market history. The Claude developer submitted the paperwork under Rule 135 of the Securities Act, with the share count and pricing range still undetermined. The filing follows a $65 billion Series H round that closed on May 28 at a post-money valuation of $965 billion, briefly eclipsing OpenAI. Anthropic's annualized revenue run-rate has crossed $47 billion, driven by enterprise demand for coding and agentic workflows. The listing positions the company alongside SpaceX and OpenAI in a tech IPO wave that could redefine equity market leadership in 2026.

Crude oil markets erupted on Monday after Iran formally suspended nuclear negotiations with the United States and threatened to seal the Strait of Hormuz. WTI crude jumped roughly 8% to $96.14 a barrel, while Brent traded near $100, as Tehran linked any resumption of dialogue to an Israeli withdrawal from operations in Lebanon and Gaza. The Strait of Hormuz handled about 20% of seaborne oil in 2024, and analysts warned that a closure could push prices well beyond triple digits. Tehran also signaled it could mobilize Houthi forces across the Bab el-Mandeb, compounding shipping disruption risk and broadening the energy shock across both physical and paper crude markets.

Binance moved aggressively into traditional equities on Monday, granting non-U.S. users access to more than 7,000 American stocks and ETFs with zero commissions and fractional purchases starting at $5. The exchange is routing trades through broker-dealer Nest Trading, with Alpaca Securities providing custody, dividend distribution, and corporate action services. Purchases settle through USDC, USDT, BNB, and other digital assets, accelerating the convergence between crypto rails and Wall Street infrastructure. Binance also previewed "bStocks," a forthcoming feature allowing customers to mint synthetic, tokenized versions of their shares on the BNB blockchain. The rollout reflects a broader exchange strategy to convert custodial balances into multi-asset financial flows that intersect directly with DeFi.

IREN secured $3.65 billion in financing tied to its multibillion-dollar AI cloud contract with Microsoft, an unusually large package for the former Bitcoin miner. Fitch assigned an A rating and DBRS issued an A(low), terms IREN describes as the highest publicly rated investment-grade GPU financing on record. The structure consists of a $2.1 billion U.S. private placement and a $1.55 billion delayed-draw loan, blending to a borrowing cost of just 6%. Combined with Microsoft customer prepayments, the package covers roughly 96% of the $5.81 billion GPU capital tied to the contract. The deal underscores how former Bitcoin miners are reshaping balance sheets to chase AI infrastructure demand rather than block subsidies.

Several altcoins entered the first week of June with sharply divergent technical setups. Hyperliquid trades near $72.25 after clearing its previous all-time high around $59 in late May, with measured Fibonacci targets pointing to $83.38 and $98.20 if the breakout extends. LAB, a BNB Chain token, rallied 62% in 24 hours to roughly $13.81, lifting market capitalization above $5.5 billion with daily RSI deep in overbought territory at 90. Venice Token holds near $18.20 below resistance at $21.55. The trio illustrates how rotation into smaller-cap names is accelerating even as macro risk premiums climb across global markets.

The Kelp DAO exploiter has laundered nearly all unfrozen proceeds from the $293 million April breach, with only $1.7 million still traceable in the hacker-tagged wallet. The attacker drained 116,500 restaked ETH on April 18 and routed funds through Wasabi to Bitcoin before returning to Ethereum and cycling through Tornado Cash. An additional $71 million was frozen by Arbitrum's Security Council on April 21, with a court hearing scheduled in New York to determine ownership of the seized assets. The laundering pace effectively closes the window for further recovery, even as overall crypto exploit losses fell roughly 90% in May to $68.3 million.

The dominant thread tying these stories together is the deepening fusion of capital markets, artificial intelligence, and geopolitical risk. Anthropic's filing and IREN's investment-grade GPU financing mark a maturation point where AI infrastructure is now priced like core utility debt rather than speculative venture exposure. Binance's equity rollout pushes that convergence into retail rails, blurring the boundary between brokerages and crypto exchanges. Meanwhile, Iran's withdrawal from talks reintroduces a triple-digit oil regime that pressures global liquidity conditions, and the Kelp DAO laundering case reminds the industry that on-chain security gaps remain a persistent tax on the DeFi stack even as institutional flows accelerate.