Gate opens second Pre-IPOs sale for OpenAI with USDT and GUSD subscriptions
Gate said it will open subscriptions for the second project in its Pre-IPOs lineup, OpenAI (OPENAI), from 15:00 on July 15, 2026 to 15:00 on July 17, 2026 (UTC+8). The offering supports both USDT and GUSD. According to the announcement, the total subscription value is about $20 million, with 27,700 OPENAI asset certificates issued at $722 each. The minimum entry amount is 100 USDT or 100 GUSD, and the platform said there will be no embedded fees or custody charges.
Gate described the OPENAI asset certificate as a pre-IPO mirrored note designed to track the company’s value before and after a listing. The exchange said it will hedge exposure by acquiring related shares and plans to provide pre-market trading, long-term holding options, and future conversion paths into stock assets, stock tokens, or USDT. Allocation will be based on the “hourly average locked amount,” with earlier participation and longer lock-up receiving higher weight. The certificates are scheduled to unlock in three batches on July 17, August 17, and September 17, while pre-market trading will open on July 20.
Gate also said OpenAI has advanced generative AI through products including ChatGPT and has received investment from Microsoft and others, with an implied market valuation of about $895 billion. At the same time, the platform is rolling out VIP and super agent airdrops, GT rewards, and a 3.8% annualized minting yield for GUSD.