Bitget launches preOPAI token for OpenAI-linked exposure without direct equity rights

Bitget has introduced preOPAI, a token tied to OpenAI's potential future IPO, available on its IPO Prime platform starting May 12. Priced at $725 per token, preOPAI offers users exposure to OpenAI's economic performance post-IPO but does not represent actual shares or equity in the company. The token sale, limited to eligible users, will distribute tokens in three phases from May to July, with a total subscription value of $21.08 million. While interest in AI-related investments grows, investors should note that preOPAI carries risks including no direct legal relationship with OpenAI and no endorsement from the company.