News linked to both this project and an event.
According to the official announcement, the second asset launched on Bitget IPO Prime is preOPAI—a digital token issued by the regulated issuer Republic on the Solana blockchain, designed to mirror OpenAI’s post-IPO economic performance on a 1:1 basis. As the world’s leading consumer AI provider, OpenAI reports approximately 900 million weekly active users, according to official data. Its most recent funding round raised $122 billion, with participants including Microsoft, NVIDIA, Amazon, and SoftBank. Bitget IPO Prime operates on a subscription model, whereby users receive subscription quotas based on their account tier. Upon completion of token allocation, users may trade the tokens 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 either stock tokens or USDT, referencing the underlying company’s (OpenAI’s) publicly traded stock 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
According to Polymarket’s prediction market page, the current probability of SpaceX’s IPO closing market capitalization exceeding $2 trillion stands at approximately 47%, making it the highest-probability option. The next most likely ranges are $1.8–2 trillion (18%), $1.6–1.8 trillion (13.7%), and $1.4–1.6 trillion (7.8%). Bitget launched its U.S. stock IPO subscription service, IPO Prime, on April 10, with initial support for stablecoin-based subscriptions for SpaceX, referencing an estimated valuation of approximately $1.5 trillion. Additionally, Bitget will distribute two rounds of preSPAX airdrops to VIP users: the first round of 760 preSPAX tokens will be distributed tomorrow, and the second round of 190 preSPAX tokens will be distributed on April 20.