Real-world asset (RWA) tokenization platform MSX has officially opened subscriptions for its second pre-IPO project, giving retail and accredited investors early access to tokenized shares of artificial intelligence firm Anthropic and prediction market platform Polymarket. The subscriptions began at 4:00 a.m. UTC on May 16, marking MSX’s continued push to bring private-market opportunities onto the blockchain.
Subscription Details and Valuations
Early participants can subscribe at a price of 855 USDT for Anthropic, based on a valuation of $950 billion, and at 152 USDT for Polymarket, reflecting a $15 billion valuation. Both figures underscore the intense demand and speculative interest in the AI and decentralized prediction markets. MSX has noted that additional specifics—such as the subscription schedule, individual limits, fees, and settlement mechanisms—will be released through the platform.
Building on a Strong Track Record
MSX’s first pre-IPO project, which involved AI semiconductor company Cerebras Systems, reportedly delivered a 300% return for subscribers who bought in before the IPO and sold afterward. While past performance does not guarantee future results, this outcome has drawn attention to the platform’s model of democratizing access to early-stage investments. The tokenized shares are expected to provide secondary market liquidity, though inherent risks—valuation uncertainty, liquidity constraints, and regulatory challenges—remain.
Broader Market Implications
This launch is part of a growing trend in tokenizing real-world assets, bridging traditional private equity with blockchain-based innovation. By allowing investors to buy into high-profile private companies like Anthropic and Polymarket through a regulated framework, MSX exemplifies how tokenization can broaden market participation. As the subscription period unfolds, the industry will monitor whether this model gains wider acceptance and how it may shape the future of pre-IPO investing.
