Cerebras Systems Inc. 

CBRS Price

What is Cerebras Systems (CBRS) tokenized stock?

Cerebras Systems Inc. (CBRS) is a US artificial-intelligence chip maker based in Sunnyvale, California, founded by Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie and Jean-Philippe Fricker. The company listed on Nasdaq in May 2026 at $185.00 per share — $25 above the marketed range — and closed the first session up roughly 68%. This page tracks tokenized wrappers and perpetuals of CBRS equity rather than a native crypto token, giving crypto traders on-chain exposure to a 2026 AI-chip IPO without a brokerage account.

Which technology does Cerebras Systems build?

Cerebras Systems builds the Wafer Scale Engine, a wafer-scale processor on a single chip. The current WSE-3 spans 46,225 mm², carries 4 trillion transistors and over 900,000 AI cores. The chip powers the CS-3 system, which competes with NVIDIA hardware in AI training and inference workloads. The wafer-scale design is Cerebras Systems' core differentiator against GPU-based rivals.

Is CBRS a crypto coin or a stock?

CBRS is a stock. The underlying security is Nasdaq-listed Class A equity in Cerebras Systems Inc., and DropsTab classifies the asset under TradFi. Crypto-market tickers such as CBRSUSDT and RCBRS are wrappers or perpetual futures referencing that equity — not a native blockchain token. No fixed maximum or total token supply exists; wrapper supply is instead set 1:1 against deposited real shares.

Which rights does a tokenized CBRS wrapper give holders?

A tokenized CBRS wrapper gives holders a claim against the wrapper issuer, not shareholder rights in Cerebras Systems Inc. The instrument packages price exposure into a tradable token. Per the May 13, 2026 prospectus, the underlying company has 215,110,345 Class A shares outstanding post-IPO, or 219,610,345 with the full over-allotment. Lockup dates govern the real shares; wrappers react only indirectly, through price.

Where can tokenized CBRS be traded?

Per DropsTab data, tokenized CBRS trades across multiple crypto venues. Two spot markets exist: Bitget (RCBRS/USDT) and Crypto.com Exchange (CBRS/USD). The rest is perpetual futures on major centralized exchanges — including Binance, Hyperliquid and OKX — with no decentralized-exchange markets. Most crypto exposure to CBRS therefore runs through derivatives rather than spot.

What is rCBRS (RCBRS/USDT) on Bitget?

RCBRS is Bitget's spot wrapper for tokenized CBRS stock. The r-prefix marks a Reality Protocol rToken, a Bitget product introduced in June 2026. The issuer behind Crypto.com's CBRS/USD pair cannot be determined from the ticker alone. rTokens and xStocks (Backed Finance's x-suffix tokens on Solana) are different instruments with different custody arrangements — traders should not treat wrapper brands as interchangeable.

How liquid is tokenized CBRS compared with the Nasdaq-listed stock?

Tokenized CBRS liquidity is thin relative to the Nasdaq line. Third-party reporting puts the combined market value of all CBRS wrappers in the low single-digit millions of dollars — orders of magnitude below the equity's IPO float of roughly 34.5 million freely tradable shares. Spreads between venues are therefore normal, and perpetuals rather than spot carry most of the depth.

When does the Cerebras (CBRS) lockup expire?

The Cerebras (CBRS) lockup ends no later than November 9, 2026 — the final tranche of a ten-tranche schedule dated May 13, 2026 in the prospectus. Earlier tranches have already released: 27.7M shares followed Q1 2026 results on June 25, and 36.4M shares followed Q2 results on August 14. Up to 171.1M shares — about 40% of the 215.1M outstanding — unlock across the full schedule, including up to 15.0M from executives and directors.

Who backed Cerebras Systems before its IPO?

Cerebras Systems raised roughly $720 million in private capital across six rounds by 2021. A $250 million Series F closed in November 2021 at a valuation above $4 billion. A $1 billion Series H followed in February 2026 at roughly $23 billion post-money, led by Tiger Global with Benchmark, Fidelity Management & Research and AMD Ventures participating. Benchmark held about 8% pre-IPO. The May 2026 IPO then raised ~$6.4 billion gross, including the fully exercised over-allotment.