Bitget Opens preOPAI Subscriptions for Tokenized OpenAI Pre-IPO Exposure

Bitget opened subscriptions for preOPAI, its second IPO Prime asset, giving users tokenized economic exposure tied to OpenAI’s potential post-IPO performance. The subscription window runs from May 12, 2026, to May 15, 2026, at 08:00 UTC, with allocation from 08:00 to 12:00 UTC and spot trading scheduled to begin at 14:00 UTC on May 15, 2026. The asset is issued on Solana by regulated partner Republic and is designed to mirror future economic returns linked to OpenAI on a 1:1 basis, according to Bitget. Minimum participation is $100. Holders may trade the asset after allocation and, about six months after an OpenAI IPO, choose settlement into a stock-linked asset or USDT based on market pricing. Bitget said its first IPO Prime product, preSPAX, tied to SpaceX pre-IPO economic exposure, drew more than 13,000 subscribers and over $171 million in total subscriptions. CEO Gracy Chen said the product supports Bitget’s push to integrate multiple asset classes on one platform.