MSX has completed its first pre-IPO exit with the successful listing of Cerebras Systems on Nasdaq, marking a significant milestone for the blockchain-based stock tokenization platform. Cerebras, trading under the ticker $CBRS, opened on May 14, 2026, and surged to over $350, providing early investors a return of over 300% from their initial purchase price of $100.35. This marks the first complete on-chain exit for MSX, validating its end-to-end subscription-holding-listing-exit process. The IPO saw Cerebras raise $4.8 billion, achieving a market valuation of approximately $35 billion. MSX participants who invested in the Pre-IPO Phase 1 received a CBRS stock token airdrop, further enhancing their returns. Following this success, MSX plans to launch Pre-IPO Phase 2, offering access to private company assets like Anthropic and Polymarket. MSX's platform allows retail investors to participate in high-quality pre-IPO opportunities, traditionally reserved for institutional investors, using blockchain technology to ensure transparency and security.