Bitget has listed preOPAI, a token linked to OpenAI's future IPO, on its IPO Prime platform — giving retail investors a way to buy into the AI company before it goes public. The token, issued on Solana by regulated partner Republic, tracks OpenAI's economic performance after a listing. The commitment window opened May 12 and closes today, May 15, at 8:00 UTC, with spot trading starting at 14:00 UTC.
Pre-IPO access for everyone
Unlike traditional pre-IPO deals that require big checks and lock up funds for years, preOPAI starts at $100. After distribution, holders can trade their positions right away — no lock-up period. About six months after OpenAI's IPO, they can redeem tokens for stock-linked assets or USDT, based on market pricing. The low barrier is a direct shot at a $4 trillion AI market that has mostly been off-limits to individuals.
Second listing after SpaceX
This isn't Bitget's first pre-IPO play. Its earlier listing, preSPAX tied to SpaceX, pulled in over 13,000 subscribers with a total commitment value of $171 million. That track record likely helped Republic choose Bitget for OpenAI's token. Bitget now calls itself the world's largest Universal Exchange, serving 125 million users across 150 regions with tokenized stocks, ETFs, commodities, and FX.
The CEO's take
Bitget CEO Gracy Chen said the way people access markets is changing — a nod to the shift from closed, institutional-only rounds to open, tradable tokens. The company has also partnered with LALIGA, MotoGP, and UNICEF to push blockchain education to 1.1 million people by 2027.
What happens next
Allocations will be distributed from 8:00 to 12:00 UTC today. Spot trading in preOPAI begins at 14:00 UTC — so by the time most readers see this, the token will already be live.
