SpaceX, Anthropic, and OpenAI Will Have Gargantuan IPOs Soon. That's Rocket Fuel for This Cryptocurrency.

SpaceX, OpenAI, and Anthropic are planning major IPOs valued near $1-1.7 trillion, which is expected to drive capital into the crypto sector. Hyperliquid, a decentralized exchange for perpetual futures, is positioned to benefit as investors use it to gain pre-IPO exposure through synthetic derivatives contracts. The platform's token benefits from a fee-sharing mechanism similar to stock buybacks.