Bitget is launching preOPAI on IPO Prime, giving eligible customers entry to a token tied to OpenAI’s doable future itemizing.
The product arrives as AI corporations proceed to attract sturdy market consideration, with Bitget’s press launch framing the launch round a fast-growing $4 trillion AI financial system.
The trade stated preOPAI was issued by Republic on Solana. Bitget describes IPO Prime as a token sale platform for uncommon pre-IPO alternatives in world unicorn corporations. The product makes use of a subscription mannequin and is open solely to eligible customers.
preOPAI comes with strict phrases
Bitget’s Monday announcement priced preOPAI at $725 per token. The overall IPO Prime subscription measurement is 29,082 tokens, with a complete subscription worth of $21.08 million. The sale accepts USDT or USDGO, with the subscription interval operating from Might 12 to Might 15.
The trade additionally listed an implied OpenAI valuation of $898.21 billion. Buying and selling is scheduled to begin on Might 15 after allocation. Token distribution will occur in three elements, with 30% launched on Might 15, one other 30% on June 15, and the ultimate 40% on July 15.
Furthermore, Bitget says preOPAI is designed to mirror OpenAI’s post-IPO financial efficiency. That declare ought to be handled with care as a result of the token doesn’t give holders direct possession of OpenAI shares.
The phrases state that preOPAI shouldn’t be a direct funding in OpenAI. In addition they say there isn’t a authorized relationship between preOPAI and OpenAI, and that OpenAI has not endorsed, authorized, or approved the product.
Associated reviews present rising demand
Latest protection famous that OpenAI’s non-public fairness story is already transferring into crypto-linked merchandise. Robinhood Ventures Fund I purchased about $75 million in OpenAI widespread inventory in April to help tokenized retail publicity, however customers didn’t obtain direct OpenAI shares.
OpenAI has warned about such merchandise earlier than. After Robinhood promoted OpenAI-linked inventory tokens in 2025, OpenAI stated, “These ‘OpenAI tokens’ are usually not OpenAI fairness.” It additionally added, “Please watch out.”
In the meantime, the Bitget launch comes as OpenAI’s market profile retains rising. Latest protection reported that greater than 600 present and former OpenAI employees bought $6.6 billion in shares in October 2025, with about 75 folks reportedly reaching a $30 million sale cap.
Different reviews stated OpenAI crossed $25 billion in annualized income and will put together an IPO submitting within the second half of 2026. Nonetheless, OpenAI stays non-public, and any token tied to its doable itemizing carries product, authorized, liquidity, and pricing danger.
