Anthropic cautions investors against secondary platforms that offer share opportunities

As investors clamor to get in on the AI ​​industry of all stripes, Anthropic this week has updated its website warning investors that the killing of private and secondary platforms that provide access to shares in the AI ​​company, is not allowed.

The company named Open Doors Partners, Unicorns Exchange, Pachamama Capital, Lionheart Ventures, Hiive, Forge Global, Sydecar and Upmarket as companies that are not allowed to offer offers to buy or sell its shares.

“The sale or transfer of Anthropic stock, or any interest in Anthropic stock, offered by these companies is void and not recognized in our books and records,” the company’s blog post says.

When reached for comment, Forge Global said it was included in error. “We are working with Anthropic to remove Forge’s name from this information,” the platform told TechCrunch. “Forge does not support the sharing of shares of any company without the company’s approval.”

The change comes alongside a surge in venture capital that offers access to shares in AI companies (and their growth) through secondary markets where existing investors sell their shares, “tokenized” securities, special purpose vehicles (SPVs), or market shares.

Anthropic, rumor has it raising new funds at a cost of $900 billionhe is especially they have been wantedand other secondary market vendors telling TechCrunch last month that it is one of the “hardest” things to find.

Over the years, some crypto companies, such as crypto exchange OKXThey have created investment products that are transparent to AI companies. These are often in the form of pre-IPO perpetual futures contracts, which are derivative instruments that track the price of companies on the secondary market but do not provide ownership of actual shares.

SPVs are different from derivatives, which allow investors to buy shares of an entity that owns an Anthropic unit. The bond may be from an investor, or it may be acquired when the investor is forced to withdraw from his holdings, as in the case of failure of FTX. In some cases, equity claims can be completely fraudulent.

Anthropic says that its preferred and common stock can be restricted from transfer, which means that any sale or transfer not approved by its board of directors will be considered illegal. According to Anthropic, any third-party platform (especially SPVs and trading companies) that claims to sell its shares directly or use forward contracts is not allowed to do so.

“We do not allow special purpose vehicles (SPVs) to acquire Anthropic assets and any transfer of shares to an SPV does not constitute grounds for prohibiting the transfer,” the company’s blog says. “Investing in Anthropic’s past or future investments through an SPV is prohibited.”