Bitget’s IPO Prime platform is experiencing overwhelming demand for preOPAI, a Solana-based tokenized product that gives retail investors economic exposure to OpenAI’s anticipated post-IPO performance. As of now, total subscriptions have surpassed $100 million, demonstrating massive retail appetite for AI-related opportunities.
The subscription window is set to close on May 15 at 8:00 AM UTC, adding urgency for interested participants. This marks one of the strongest performances on the platform to date and highlights the growing trend of tokenized pre-IPO access in the crypto space. (98 words)
Strong Retail Interest in AI Exposure
The preOPAI token is priced at $725 per token, with a total subscription size of 29,082 tokens (approximately $21.08 million in base value), though overall commitments have far surpassed initial targets amid strong interest. Minimum entry is $100, significantly lowering barriers compared to traditional pre-IPO opportunities.
Subscriptions are accepted in USDT or USDGO, with allocations distributed in tranches: 30% on May 15, 30% on June 15, and 40% on July 15. Spot trading is scheduled to open following the allocation. The offering implies an OpenAI valuation of around $898.21 billion. PreOPAI tracks economic performance rather than providing direct equity ownership.
Platform Strategy and Market Timing
This marks the second project on Bitget’s IPO Prime platform following the earlier pre-SPAC offering. The platform aims to give retail investors access to high-profile pre-IPO opportunities in the fast-growing AI sector through tokenized products on Solana.
The surge in subscriptions reflects intense market enthusiasm for AI narratives, as OpenAI prepares for what could be one of the largest IPOs in history. Bitget has indicated plans to list additional AI-related projects, including xAI.
Interested users are encouraged to participate before the subscription window closes at 8:00 AM UTC on May 15. The product is designed to offer flexibility with spot trading available after allocation, avoiding the long lock-up periods typical in traditional pre-IPO deals.
Damilola Esebame is a finance journalist and content strategist specializing in DeFi, crypto, macroeconomics, and FX. With eight years of editorial experience, he delivers data-backed explainers, interviews, and market updates that turn complex on-chain themes into practical insights. At FinanceFeeds he maps the DeFi landscape—stablecoins, tokenization, liquidity, and policy—linking digital-asset developments to macro drivers and market structure for brokers and platforms.
