preOPAI is a digital token issued by the regulated issuer Republic, designed to reflect the economic performance post-IPO of OpenAI.

Written by: Bitget

What is Bitget IPO Prime?

Bitget IPO Prime is an innovative token sale platform launched by Bitget in April 2026, bringing world-class pre-IPO participation opportunities for global users. It allows ordinary users to equally enjoy the potential economic benefits brought by top IPOs, truly achieving financial equality.

Two historic breakthroughs of Bitget IPO Prime:

1. The world's first IPO participation with stablecoins — Bitget IPO Prime has pioneered the industry, becoming the first platform globally that allows users to directly subscribe using stablecoins (USDT + USDGO). Users can make instant payments and have global circulation without cross-border currency exchange or waiting for settlement, significantly reducing participation costs while allowing crypto users to easily access the potential economic benefits of top unicorns in the most familiar and convenient stablecoin form, marking Bitget's innovative bridge between crypto and traditional top assets.

2. Bitget makes financial equality — Traditional Pre-IPO projects often set extremely high barriers to entry, only eligible investors, institutions, or high-net-worth individuals can participate, making it nearly impossible for ordinary users to access. Bitget completely breaks this barrier, bringing potential opportunities of world-class unicorn enterprises to every user. As long as you have a Bitget account (including VIP0 users), you can easily participate using stablecoins, without complex qualification checks or high minimum investments, allowing global users to equally enjoy the opportunity to capture potential upside benefits before listing.

Bitget adopts a subscription model, with trading starting immediately after subscription ends, achieving 7×24 hours real-time circulation. In the future, more high-quality unicorn assets will continue to be listed, making Bitget the platform of choice for users to capture potential pre-listing opportunities.

Listed Project: preOPAI

Project Introduction: OpenAI is a leading consumer-grade AI provider with 900 million weekly active users. The company is rapidly expanding in the agent-based enterprise AI field with its Codex product. Its recent funding round raised a record-breaking $122 billion, with significant investments from Microsoft, Nvidia, Amazon, and SoftBank. preOPAI is a digital token issued by the regulated issuer Republic, designed to reflect the economic performance post-IPO of OpenAI.

• Token: preOPAI
• OpenAI implicit valuation: approximately $898.21 billion USD
• Total subscription amount: 29,082
• Total subscription value: approximately $21.08 million USD
• Subscription price: 1 preOPAI = 725 USD
• Investment currency: USDT or USDGO (priced at 1:1 in USD)
• Total investment pool cap: $300 million USD
• Minimum personal contribution: $100 USD (USDT/USDGO)

Maximum personal contribution limit (based on VIP level):

• Investment phase: May 12, 2026, 16:00:00 – May 15, 2026, 16:00:00 (UTC+8)
• Distribution phase: May 15, 2026, 16:00:00 – May 15, 2026, 20:00:00 (UTC+8)
• Spot trading opening: May 15, 2026, 22:00:00 (UTC+8)

preOPAI token distribution schedule:

After the subscription ends, the subscribed preOPAI will be distributed in three batches. The specific distribution schedule is as follows:

How to subscribe and trade preOPAI on Bitget IPO Prime

1. Open the Bitget App or official website, log into your Bitget account (institutional and sub-accounts are not supported), and go to the IPO Prime event page to view the current projects.

2. Click "Subscribe Now," then check all risk disclosures and user agreements.

3. Enter the investment amount and click "Confirm."

4. Upon success, it will display "Subscription Successful," and the funds will be frozen.

Timeline explanation:

• Subscription period: Funds are occupied and cannot be withdrawn. (Note: If there is any abnormal operation after the investment, the invested funds will be refunded, and participation in the subscription will not be possible)
• Distribution period: Statistics calculation, deduction, distribution of tokens to spot/funding accounts.
• Trading period: Trading can be freely bought and sold 7×24 hours after opening.
• Token delivery: After trading ends, users can choose delivery in spot stock tokens or USDT.

Trading preOPAI

After the subscription distribution ends, the project token immediately enters the trading period. Users can click to enter the Bitget spot trading page or search for "preOPAI/USDT" to perform "buy" or "sell" operations.

FAQ

1. What is Bitget IPO Prime?

IPO Prime is an innovative token sale platform launched by Bitget in April 2026, providing rare investment opportunities for global unicorn enterprises before going public, allowing users to enjoy potential economic benefits from IPOs.

2. How to participate in Bitget IPO Prime?

IPO Prime adopts a subscription model, and eligible users can participate in the subscription. The individual subscription limit will be capped at the user's Bitget VIP level.

3. What is preOPAI?

preOPAI is the asset launched on Bitget IPO Prime, a digital token issued by a compliant issuer, aimed to reflect the economic performance post-IPO of OpenAI.

4. Who is the issuer of preOPAI?

The preOPAI token is issued by Republic International Cayman, a company holding relevant licenses in multiple regions.

5. Does subscribing to preOPAI equal direct investment in OpenAI?

No. preOPAI only represents mirrored rights to the economic benefits post-listing of OpenAI and does not constitute direct investment in OpenAI. There is no legal relationship between preOPAI and OpenAI, and OpenAI has not endorsed, approved, or authorized this product.

6. What is the exit mechanism after subscribing to preOPAI?

After Bitget IPO Prime ends, users can buy or sell preOPAI tokens in the subsequently opened Bitget spot trading market according to the rules. Additionally, they can wait for the underlying debt asset lock-up period of preOPAI tokens to end (usually around 6 months after the OpenAI IPO), at which point the issuer will authorize Bitget to convert them into stock tokens or USDT at market prices, as specified in the subscription agreement.

7. What happens to my investment if the company cancels the IPO or indefinitely postpones it?

If the targeted company fails to complete a qualified triggering event (such as IPO or being acquired) within the time period stipulated in the subscription agreement, the payout will be executed according to the backup provisions in the agreement. Specific backup payout mechanisms (including payout timing, amount calculation methods, etc.) will follow the subscription agreement signed at the time of subscription.

8. Does participating in the IPO Prime subscription require additional payment of subscription fees, management fees, or custody fees?

No, eligible users can participate for free. Token exchange fees will be as specified in the subscription agreement.

9. Is my investment in IPO Prime risk-free and guaranteed to profit?

No. The Bitget IPO Prime product involves various investment risks, including but not limited to: valuation fluctuation risk of the targeted company, risk of triggering events not occurring, and secondary market liquidity risk.

Digital asset prices may fluctuate significantly, and your principal is at risk of loss. Bitget makes no guarantees about any investment returns. Please ensure you fully understand the associated risks before participating, only invest money you can afford to lose, and seek independent professional advice if necessary.

10. Based on the total shareable quota of IPO Prime, does the Bitget platform actually hold corresponding equity shares of the assets?

The digital assets listed on Bitget IPO Prime are issued by compliant issuers, who hold equity shares or relevant rights in the targeted company through compliant channels, ensuring that the token issuance has real underlying asset support through agreement arrangements.