Bitget has expanded its IPO Prime platform with the listing of preOPAI, a token designed to track the economic performance of OpenAI after a future public listing. Issued on the Solana blockchain through regulated partner Republic, the product aims to lower the barrier to entry for retail investors, allowing participation starting from $100 — a sharp contrast to the high capital requirements of traditional pre-IPO markets.
The commitment window opens on May 12, 2026 at 8:00 UTC and closes on May 15, 2026 at 8:00 UTC. Allocations will be distributed later that day between 8:00 and 12:00 UTC, with spot trading scheduled to begin at 14:00 UTC. Unlike conventional pre-IPO investments with lengthy lock-up periods, preOPAI offers immediate tradability once tokens are distributed. Approximately six months after an OpenAI IPO, holders are expected to have the option to redeem their tokens into stock-linked assets or USDT based on market pricing.
This marks the second listing on IPO Prime, following preSPAX, which is linked to SpaceX. Bitget reported that preSPAX attracted over 13,000 subscribers and commitments totaling $171 million, demonstrating strong retail appetite for tokenized pre-IPO exposure. The move comes as global demand for AI investments surges, with capital flowing into AI companies at historically high valuations — an opportunity Bitget frames as a $4 trillion market that has largely been restricted to institutional investors.
Gracy Chen, CEO of Bitget, described the company’s broader vision: “The way people access markets is changing. We’re moving toward a system where different asset classes and opportunities come together on one platform, and where access is no longer limited by structure.” Bitget’s Universal Exchange model integrates cryptocurrencies, tokenized traditional assets, and pre-IPO opportunities into a single ecosystem. The company emphasized that IPO Prime products reflect economic outcomes rather than direct equity ownership, and issuance is handled through regulated partners instead of standard token launch mechanisms.
