Anthropic Tokenized Valuation Soars to $1.6T, SpaceX IPO at $1.75T and Morgan Stanley Enters Crypto
Anthropic’s tokenized assets reached a $1.6 trillion implied valuation and SpaceX’s IPO filing targets a $1.75 trillion valuation with 20-30% of shares reserved for retail. Morgan Stanley’s new crypto trading service poses a direct threat to digital brokers by rolling out custody and execution capabilities.
1. Surge in Tokenized Asset Valuations
Anthropic’s tokenized trading ecosystem has amassed a $1.6 trillion implied valuation, reflecting rapid growth in blockchain-based instruments. This surge in tokenized asset volumes could boost crypto trading activity on digital brokerage platforms.
2. SpaceX IPO Plans
SpaceX has filed to go public with a targeted $1.75 trillion valuation, planning to allocate 20-30% of its shares to retail investors at launch. Retail brokerages are positioning to provide direct access to the offering, potentially driving new account openings and trading volume.
3. Morgan Stanley’s Crypto Offering
Morgan Stanley is rolling out a full-service crypto trading and custody platform for institutional and high-net-worth clients. This move introduces a major competitor for retail-focused brokers, as it could divert significant order flow and assets under custody.