VeChain CEO says Anthropic and OpenAI IPOs could shake crypto short term

AI's biggest private players could soon test the public markets — and VeChain CEO Sunny Lu thinks crypto will feel it. In an appearance on Cointelegraph's Chain Reaction, Lu told host Ciaran Lyons that potential IPOs from Anthropic and OpenAI could deliver a short-term jolt to crypto markets, according to the outlet.

Lu didn't put a direction on that impact, and neither company has confirmed plans to list. The two AI labs sit at the center of the current artificial-intelligence boom: OpenAI is behind ChatGPT, while Anthropic builds the Claude models. Both remain privately held, which is exactly why any move toward a public offering would be a headline event across tech and crypto alike.

The VeChain chief's bigger pitch was about convergence, not competition. He described AI and blockchain as the twin engines of what he called a new industrial revolution, one he expects to finish with concrete, identifiable use cases rather than hype.

VeChain has spent years positioning its blockchain as a tool for tracking and verifying real-world activity, from supply chains to product data. Lu's framing puts that same trust-and-verification layer next to AI, where questions about the provenance of data and outputs keep piling up.

For now, the takeaway is a watch item: whether Anthropic or OpenAI actually moves toward a listing, and whether crypto traders treat that as a rotation signal or just background noise. Lu's bet is that the short-term turbulence passes and the two technologies end up wired together.