OpenAI and Anthropic tokenized PreStocks on Solana crash 46% and 38% after unauthorized equity transfer warnings!

Tokenized PreStocks tied to Anthropic and OpenAI on Solana suffered steep losses after both AI companies issued formal warnings that unauthorized equity transfers may be rendered void under existing corporate restrictions. OpenAI PreStocks dropped 46% while Anthropic PreStocks fell 38%, according to CoinGecko data.

The warnings cut to the heart of a structural risk that has shadowed tokenized private-equity products since their emergence: the underlying shares are governed by shareholder agreements and transfer restrictions that on-chain settlement cannot override. If the original equity transfers underpinning these tokens were not authorized, holders may find themselves with a token that references an interest a court could declare null.

For the broader tokenized real-world asset space, the episode is a stress test. Solana has attracted a wave of RWA issuance, and a high-profile…