Anthropic’s $950 billion valuation is a bit too exaggerated, but the second round of the Pre-IPO really did open a door for retail investors. Cerebras’ 300%+ returns are enough to make people jealous—so, are we going for it this time?

MSX Mai Tong announces the launch of the Pre-IPO Phase Two, with Anthropic and Polymarket opening subscriptions, both starting at 12:00 PM (UTC+8) on May 16. Anthropic's subscription price is $855, with an estimated valuation of approximately $950 billion; Polymarket's subscription price is $152, with an estimated valuation of about $15 billion. Participation in high-quality pre-IPO investments is lowered in barrier by using USD stablecoins. The first phase, Cerebras, completed the full process, with a return rate exceeding 300%, providing a case for Pre-IPO in Web3 scenarios.