# Anthropic’s tokenized pre‑IPO shares now imply a $1.2T valuation—above OpenAI.

*fintech · news · 2026-05-07 · Crypto News*

## Key points

- Tokenized pre-IPO markets now imply Anthropic's valuation at $1.2 trillion, surpassing OpenAI.
- Anthropic's implied value on Jupiter's Prestocks has surged 733% since October 2025.
- On-chain tokenized prices are now leading and influencing valuations on traditional secondary platforms like Forge Global.
- Some OpenAI investors are voicing concerns about execution risk and governance amid Anthropic's rising valuation.
- Tokenized pre-IPO equity exposure is allowing retail investors global 24/7 access to late-stage AI shares.

**Companies:** OpenAI, SpaceX, Anthropic
**Countries:** United States

[Read the full story on Crypto News](https://crypto.news/anthropics-on-chain-pre-ipo-market-value-jumps-to-1-2-trillion-overtakes-openai-for-the-first-time/)

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