Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Recently, quite a few people have been asking me in DMs about the Gate IPO. I’ve compiled the info I currently have for everyone’s reference.
1. Gate’s Pre-IPOs valuation and unlock schedule for this round (official data verified) Subscription price:
July 15 15:00 (UTC+8)
$722 / OPENAI a model combining time weight and the proportion of capital投入
Recommended to participate as soon as possible Snapshots every hour
Implied valuation: about $895 billion
Secondary market mirror price: currently around $825 for similar tokenized OpenAI products
Total subscription amount: 27,700 OPENAI (total value about $20 million)
Unlock mechanism: unlocked in three phases (consistent with the earlier Pre-IPOs project mechanism)
Phase 1: July 17, 2026 19:00 (UTC+8) — 25%
Phase 2: August 17, 2026 19:00 (UTC+8) — 35%
Phase 3: September 17, 2026 19:00 (UTC+8) — 40%
Support USDT and GUSD dual-currency subscription
Pre-market trading: starts July 20, 2026 16:00 (UTC+8) opens the Pre-IPOs专区 pre-market trading area, allowing flexible buying and selling
Product nature: OPENAI Asset Certificate (mirror note), not actual OpenAI shares; Gate provides an exit channel (pre-market trading or conversion/exchange after the IPO)
2. OpenAI past funding valuation and investment-banking views (focus on investment banks) Valuation history (Post-money):
March 31, 2026 Series C: $852B (latest round, huge scale)
December 11, 2025 Series B: $500B
March 31, 2025 Series A-3: $300B
October 2024: $157B
Earlier stages: from $28 billion → $87 billion → rapidly rising
IPO progress and investment bank roster (latest, 2026):
June 8, 2026 has already confidentially submitted the IPO application
Underwriters: Goldman Sachs + Morgan Stanley
Citi and JPMorgan have entered discussions and may join
Top investment banks are fully preparing, showing strong market recognition of OpenAI and relatively high IPO certainty (though market volatility may affect timing—some reports mention possible delay, but preparation continues)
3. Dual benefits for subscribing: $GT air-drop rewards & $GUSD 3.8% minting profit
VIP5+ users and super agents can enjoy additional free air-drops