Anthropic tokenized stock drops 45% in 24 hours; the company previously warned it does not recognize the related equity transfer

Wu Shuo learned that, according to SolanaFloor’s disclosures, the Anthropic PreStocks on Solana fell 45% in the past 24 hours. Its implied market value dropped from about $1.4 trillion to $762.0 billion, evaporating approximately $638.0 billion. Previously, Anthropic issued an investor warning stating that private equity sales, transfers, or related interest arrangements without the company’s approval—including indirect exposure provided in the form of “tokenized securities,” forward contracts, or SPVs—may be invalid, and the company will not recognize holders’ interests in such tokenized shares on the shareholder register. Anthropic also explicitly stated that SPVs are not allowed to acquire its stock. Products such as PreStocks typically only provide economic exposure tied to the valuations of private companies and do not mean that holders own Anthropic equity or have shareholder rights.