Bitwise’s Matt Hougan thinks a single AI IPO could redirect billions of dollars toward crypto, but the same event might first drain capital away from Bitcoin and Coinbase before any windfall arrives.
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Bitwise Chief Investment Officer Matt Hougan believes the future influx of money into crypto could hinge on an AI company’s success. On The Rollup podcast, Hougan explained that once the Anthropic IPO is complete, we could see a significant flow of capital moving toward tokenization and stablecoins.
Anthropic, known for creating the Claude language models, filed its S-1 on October 26, 2026, with…







