Gate sets July 15 start for OpenAI Pre-IPOs sale
Digital asset exchange Gate said it will open subscriptions for the second round of its Pre-IPOs product, featuring OpenAI (OPENAI), from 15:00 on July 15 to 15:00 on July 17, 2026 (UTC+8). Users can take part with either USDT or GUSD.
Gate said the offering has a total value of about $20 million and will issue 27,700 OPENAI asset certificates at a subscription price of $722 per unit. The minimum order is 100 USDT or 100 GUSD. The platform said the subscription will not charge implied fees or custody fees.
How the OPENAI certificates are structured
Gate described the OPENAI asset certificate as a mirror note issued before OpenAI’s IPO to reflect the company’s market value before and after a listing. It said the product is a Contingent Payout Note.
The exchange said it obtains OpenAI shares in the market to hedge exposure and provide users with several exit options or a long-term holding route based on what it called the target company’s reasonable market value.
After the subscription closes, the certificates will unlock in three stages: 25% on July 17, 2026, 35% on Aug. 17, 2026, and 40% on Sept. 17, 2026.
Gate also said the certificates will begin pre-market trading in the Pre-IPOs section at 16:00 on July 20, 2026 (UTC+8). Users may choose to transfer or exit through pre-market trading, or after the target company lists and the lock-up period ends, convert through a dedicated page into stock assets, stock tokens, or USDT based on the actual post-listing stock market price.
Allocation rules and user incentives
For allocation, Gate said Pre-IPOs uses each participant’s “hourly average locked amount” as the basis for distribution. The platform said users who join earlier and keep funds locked for longer receive a higher allocation weight.
Gate said eligible VIP users and super affiliates can join an OpenAI (OPENAI) airdrop campaign. Users with successful subscriptions above $10,000 can receive 1 GT each. Users with successful subscriptions below 10,000 USDT can share a 2,000 GT prize pool. Those who subscribe with GUSD can also receive a 3.8% annualized minting yield.
OpenAI background and Gate’s broader product lineup
Gate said OpenAI is one of the world’s leading artificial intelligence companies and cited products including ChatGPT. The platform added that OpenAI has received continued investment from international technology companies including Microsoft, and said the market-implied valuation stands at about $895 billion.
According to Gate, Pre-IPOs is a digital subscription mechanism focused on access to pre-listing opportunities in selected companies. The platform said it also offers IPO Access and has launched Gate Stocks, covering trading services across U.S., Hong Kong, and South Korean equities markets and supporting more than 12,500 stocks and ETFs on a 24/7 basis.
Gate also said it offers gStocks tokenized securities, backed 1:1 by native shares, covering real stocks, pre-IPO assets, and on-chain securities.
Company information and disclaimer
Gate said it was founded in 2013 and that its founder and CEO is Dr. Han. The company said it has more than 57 million users and supports trading in 4,700+ crypto assets and 12,500+ stock assets, alongside traditional finance assets including metals, stocks, indices, foreign exchange, and commodities. Gate also said it has achieved 100% proof of reserves and operates products including Gate Wallet, Gate Ventures, and Gate for AI Agent.
The company said the announcement does not constitute any invitation, solicitation, or recommendation. It added that users should seek independent professional advice before making investment decisions, and noted that some services may be restricted or prohibited in certain regions.