Bitget's second IPO Prime fund, OpenAI, will open for subscription on May 12.

CoinFeed reported on May 11th that, according to an official announcement, the second phase of Bitget IPO Prime will list preOPAI, a digital token issued on the Solana blockchain by the regulated issuer Republic. It aims to mirror the economic performance of OpenAI after its IPO on a 1:1 basis. As a leading global provider of consumer AI, OpenAI has approximately 900 million weekly active users, according to official data. Its most recent funding round raised $122 billion, with investors including Microsoft, Nvidia, Amazon, and SoftBank. Bitget IPO Prime uses a subscription model, with users receiving subscription quotas based on their account level.