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Anthropic's pre-IPO token on Jupiter just got rugged by the company itself.
On May 11, Anthropic published a notice declaring every unauthorized secondary trade of its stock void. No board approval, no recognition on the cap table. The policy covers SPVs, forward contracts, tokenized securities, and direct sales.
PreStocks ANTHROPIC token dropped roughly 20% on the news and is still bleeding.
Goldman and JPMorgan model the actual IPO at $400B to $500B. The market was pricing it 3x higher on a Solana DEX backed by a $23M vehicle.
If you bought exposure through Forge, Hiive, or an SPV, your shares may not exist on Anthropic's books.