Bitget launches OpenAI pre-OPAI stock token, which is about to open for trading after subscription ends. The subscription for OpenAI pre-OPAI stock token on Bitget has ended, and the distribution of subscription tokens is currently underway. It will open for trading at 10 pm tonight. People are very enthusiastic about the listing of this giant company: preOPAI's sales price is $725 per share, which means OpenAI's market value is 898.2 billion. More than 5400 people invested $120 million in subscription funds to grab $21.08 million in sales shares, exceeding the fundraising by 4.7 times. The previous pre-SPAX (SpaceX pre-market stock token) was over raised by 1.9 times. Bitget's IPO Prime project is a share resource obtained from the regulated and compliant issuer Republic, which can correspond 1:1 to the corresponding company stock equity, and is not a blank print. It should be the only token in the entire network currently supported by real equity. I see that their regulations state that after the six-month lock up period for OpenAI's IPO, it is possible to exchange preSPAX for official stock tokens (Figure 2). In addition, compared to the first phase of preSPAX which was fully released in one go after the subscription ended, this time preOPAI has added an unlocking mechanism: 30% will be released today (May 15th), 30% on June 15th, and 40% on July 15th. The advantage of releasing in batches is that it can avoid excessive one-time supply leading to drastic price fluctuations and deviation from the underlying asset value. The disadvantage is that the exit cycle is prolonged and cannot be fast entered or exited (of course, this is actually an advantage for those who recognize the value of OpenAI, forcing them to lock up their positions). Overall, Bitget's IPO Prime provides an opportunity for cryptocurrency users to invest in giant companies such as SpaceX and OpenAI before going public.