Gate, a prominent player in the digital asset trading sphere, announced today the commencement of its Phase 2 Pre-IPOs, spotlighting the renowned artificial intelligence firm OpenAI. This subscription opens on July 15, 2026, and will support transactions in both USDT and GUSD, giving investors a chance to get in on the ground floor of one of the leading AI unicorns before its anticipated public offering.

The latest initiative is part of Gate's digital subscription framework, which aims to provide users with diverse investment opportunities in pre-listing high-quality companies. The subscription for OpenAI will be available from July 15, 07:00 to July 17, 07:00 (UTC) and is capped at approximately $20 million, with a total of 27,700 OPENAI Asset Certificates offered at a commitment rate of $722 each.

To participate, the minimum investment is set at 100 USDT or 100 GUSD per order, which notably eliminates both implied trading and custody fees. OpenAI has garnered substantial attention from global investors, especially with the burgeoning popularity of products like ChatGPT, and is valued at around $895 billion. This makes it a standout in the competitive AI sector.

Understanding the OPENAI Asset Certificates

The OPENAI Asset Certificates are structured as Mirror Notes that track the market value of OpenAI prior to and following its IPO. They are categorized as Contingent Payout Notes (CPNs) and provide users with a unique opportunity to engage with the company's valuation before it hits the public market. The allocation for these certificates is determined based on users’ average locked amount, rewarding those who commit early and maintain their subscriptions.

After the subscription window closes, the certificates will be released in three phases: 25% on July 17, 35% on August 17, and the remaining 40% on September 17, 2026. Trading for these certificates will kick off in the Gate Pre-IPOs section on July 20, allowing users to buy or sell their assets ahead of the IPO. Once the IPO occurs and any lock-up period ends, holders can convert their certificates into shares, tokenized stocks, or USDT based on the market price.

This launch is accompanied by several subscription rewards, enhancing the attractiveness of the offering.

This material is for informational purposes only and should not be considered financial advice.