TechFlow News, May 11: According to an official announcement, Bitget IPO Prime Phase II has launched preOPAI—a digital token issued by the regulated issuer Republic on the Solana blockchain. preOPAI is designed to mirror OpenAI’s post-IPO economic returns on a 1:1 basis. As the world’s leading consumer-facing AI provider, OpenAI reports approximately 900 million weekly active users, according to its official data. Its most recent funding round raised $122 billion, with participation from institutional investors including Microsoft, NVIDIA, Amazon, and SoftBank.
Bitget IPO Prime operates on a subscription model, where users receive subscription quotas based on their account tier. Upon completion of token allocation, users may trade preOPAI on the upcoming spot market; alternatively, after the lock-up period for preOPAI’s underlying debt assets expires, the issuer will authorize Bitget to convert users’ holdings into stock tokens or USDT, referencing the underlying company’s stock market price.
IPO Prime Details:
• OpenAI Implied Valuation: $898.21 billion
• Total IPO Prime Subscriptions: 29,082
• Total Subscription Value: $21,084,450
• Subscription Price: 1 preOPAI = $725
• Accepted Subscription Currencies: USDT or USDGO
• Total Subscription Pool Cap: $300,000,000
• Individual Subscription Range: $100 – $600,000
• Subscription Period: May 12, 16:00 – May 15, 16:00 (UTC+8)
• Allocation Period: May 15, 16:00 – 20:00 (UTC+8)
• Spot Trading Launch: May 15, 22:00 (UTC+8)
• Token Distribution Schedule: 30% released on May 15; 30% on June 15; 40% on July 15
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
