Bitget has expanded its IPO Prime platform with the addition of OpenAI (preOPAI), giving users early exposure to one of the most closely watched names in artificial intelligence. The listing, announced on May 11, marks the second asset to go live on the platform and reflects Bitget’s push to make pre-IPO opportunities more accessible to everyday users.
The preOPAI token is issued on Solana in partnership with regulated platform Republic. Rather than representing direct equity, it is designed to track OpenAI’s economic performance after a potential future public listing. Bitget says the structure offers users a more flexible way to participate in high-profile private market opportunities.
What Bitget Is and How the Sale Works
Bitget is a global crypto exchange best known for spot trading, derivatives, copy trading, and its growing lineup of tokenized investment products. The platform positions itself as a Universal Exchange, aiming to bring together crypto, tokenized traditional assets, and pre-IPO exposure in one place. For more on the exchange.
The OpenAI offering is being launched as a token sale, which is a common way for crypto platforms to distribute new assets to users before they begin trading more broadly. In the case of an IEO, or initial exchange offering, a crypto exchange hosts the sale, helps manage distribution, and usually provides an added layer of screening compared with open token launches. That model is often used to give users early access while keeping the process more structured than a typical public sale.
For preOPAI, the commitment window opens on May 12 at 08:00 UTC and runs through May 15 at 08:00 UTC. Allocations will be distributed later that day between 08:00 and 12:00 UTC, with spot trading starting at 14:00 UTC. Participation begins at just $100, lowering the usual barrier associated with pre-IPO investing.
Why the Launch Matters for AI and Token Sales
The launch comes as interest in artificial intelligence continues to surge, with the sector widely seen as one of the biggest long-term investment themes in global markets. Access to companies like OpenAI has traditionally been limited to institutional investors and private networks, leaving retail users on the sidelines.
Bitget’s IPO Prime model tries to close that gap by combining tokenized exposure with post-distribution trading and a defined redemption path. About six months after a potential IPO, holders may be able to redeem their tokens into stock-linked assets or USDT, depending on market pricing. That gives the product a liquidity feature that many traditional pre-IPO deals do not offer.
The OpenAI launch also follows Bitget’s earlier preSPAX offering linked to SpaceX, which reportedly drew more than 13,000 subscribers and $171 million in commitments. With that momentum, Bitget appears to be using IPO Prime to build a broader token-sale framework around high-demand private market names.
