OpenAI isn’t listed yet, but crypto “pre-IPO” is already getting competitive.


As OpenAI, the AI giant with an $895 billion valuation, prepares for an IPO, @Gate has lowered the participation threshold for everyone.
On July 15, 2026 at 15:00, Gate officially announced that the second round of its Pre-IPOs—OpenAI (OPENAI)—subscriptions will officially open. Total subscription value is about $20 million, issuing 27,700 OPENAI asset certificates; 1 OPENAI is about $722. Minimum to start is 100 USDT or 100 GUSD. Up to 277 OPENAI per person, with implied fees and custody fees waived as well.
The highlight of the allocation mechanism is that the project uses “the hourly average locked amount” as the allocation basis: the earlier you participate and the longer you lock, the higher the weight you get in the allocation.
⏰ Key timeline highlights:
✅️ Subscription window: July 15 at 15:00 to July 17 at 15:00
✅️ Certificates unlock in three tranches: July 17—25%; August 17—35%; September 17—40%
✅️ Pre-market trading: expected to open on July 20
Of course, it’s worth reminding everyone: the subscription target for this round is mirror notes used to track OpenAI’s market value (Mirror Note), not the actual shares or stock of OpenAI. But Gate will hedge its exposure by obtaining corresponding stocks, and will provide a path to redeem stock assets or USDT in the future.
As an important segment of Gate TradFi, Gate Pre-IPOs aims to give everyday users a new way to capture potential gains before unicorn companies go public.
From the Gate Stocks trading area that supports more than 12,500 stocks and ETFs in one go, to launching 650+ Gate TradFi CFD contracts, and now to OPENAI’s Pre-IPO listing, Gate is working step by step to break down the “privileges” that traditional financial markets were originally reserved for a few elites into low-threshold entry points for ordinary users, providing a more open, efficient, one-stop investment service for users worldwide.
And now, would you be willing to spend the cost of a hot pot to buy a “early bird ticket” from a top AI unicorn?
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