Bitget is launching preOPAI on IPO Prime, giving eligible customers entry to a token tied to OpenAI’s potential future itemizing.
Abstract
- Bitget’s preOPAI token provides customers OpenAI-linked publicity however doesn’t signify direct firm fairness.
- The IPO Prime sale opens Could 12, with preOPAI priced at $725 per token.
- OpenAI-linked token merchandise have drawn warning earlier than, as holders could not personal actual shares.
The product arrives as AI firms proceed to attract sturdy market consideration, with Bitget’s press launch framing the launch round a fast-growing $4 trillion AI economic 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 firms. 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 entire 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 working from Could 12 to Could 15.
The trade additionally listed an implied OpenAI valuation of $898.21 billion. Buying and selling is scheduled to begin on Could 15 after allocation. Token distribution will occur in three elements, with 30% launched on Could 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 just isn’t a direct funding in OpenAI. Additionally they say there is no such thing as a authorized relationship between preOPAI and OpenAI, and that OpenAI has not endorsed, authorized, or licensed the product.
Associated experiences present rising demand
Current protection famous that OpenAI’s personal 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 not OpenAI equity.” It additionally added, “Please be careful.”
In the meantime, the Bitget launch comes as OpenAI’s market profile retains rising. Current protection reported that greater than 600 present and former OpenAI staff offered $6.6 billion in shares in October 2025, with about 75 folks reportedly reaching a $30 million sale cap.
Different experiences stated OpenAI crossed $25 billion in annualized income and should put together an IPO submitting within the second half of 2026. Nonetheless, OpenAI stays personal, and any token tied to its potential itemizing carries product, authorized, liquidity, and pricing danger.
