Investors Pay Over $1,000 for Non-Recognized Anthropic Stock Tokens
A Solana-based token offering pre-IPO exposure to AI company Anthropic is trading above $1,000 despite the firm explicitly rejecting its validity. The ANTHROPIC token, issued by PreStocks, currently trades at around $1,068 and has seen a recent 7% rise in value over 24 hours. However, it remains below its peak of nearly $1,409 earlier this year. Anthropic recently updated its investor warning page to state that any unauthorized share transfers are void under Delaware law, naming several platforms including PreStocks as violators. The token's price dropped by over 34% immediately after the company’s announcement. Despite high valuations implied on-chain—over $1.3 trillion—PreStocks holds only a fraction of that in stablecoins and SOL to back its tokens, raising concerns about liquidity for investors who may struggle to sell large positions at quoted prices. Redemption options exist but are subject to costs and regulatory checks, with no third-party attestation reports published yet.
Topics: Anthropic IPO PreStocks Solana tokenized securities