Open Ratings is an analytical research project of Toryx Inc. — not a registered rating agency. OR-grades are model-derived impairment probabilities expressed on a familiar scale, not credit ratings, and nothing on these pages is investment advice.
The dated register of every rating action Open Ratings has issued. A rating action is a published, hash-committed analytical call — new ratings, scorecards when evidence lands, and follow-ups at defined triggers. The register only grows; actions are never removed or edited.
| Date | ID | Action | Subject | Rating | Report | Predictions |
|---|---|---|---|---|---|---|
| 2026-09-03 | OR-2026-001 | New rating — pre-registration published ahead of the S-1 | Anthropic — expected IPO | OR-B− at $2T | Frozen | 10 pending |
Upcoming actions for OR-2026-001: hash freeze · S-1 scorecard (the week the S-1 is public) · lockup-expiry follow-up.