Anthropic, OpenAI tokens plunge as AI firms say preIPO share transfers are invalid

Image for article Anthropic, OpenAI tokens plunge as AI firms say preIPO share transfers are invalid
News Source : CoinDesk

News Summary

  • Anthropic, OpenAI tokens plunge as AI firms say pre-IPO share transfers are invalid Tokens on Solana that claim to track the private-market valuations of Anthropic and OpenAI dropped sharply this week after both AI companies warned that the structures used to back the tokens may be invalid.
  • The Solana-based tokens marketed as a way to gain exposure to Anthropic or OpenAI before they go public got an unwelcome reality check this week.
  • The two companies said the transfer of privately he…
The Solanabased tokens marketed as a way to gain exposure to Anthropic and OpenAI before they go public got an unwelcome reality check this week.The two companies said the transfer of privately he [+2469 chars]

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