Gate's Pre-IPO Project Opens Up Early Investment Opportunities for Crypto Users

Gate, a cryptocurrency exchange (CEX), has launched the second phase of its Pre-IPO project, allowing users to subscribe to tokenized OpenAI shares. This move comes after Gate's successful launch of the first Pre-IPO project with SpaceX in April, which raised nearly $395 million USD.

The total supply of tokenized OpenAI shares is 27,700, corresponding to a single token price of $722 USD. Users can subscribe using both USDT and GUSD, with a minimum subscription amount of $100 USD per order and a maximum allocation of 277 OpenAI tokens per individual. The allocation mechanism is based on the 'average hourly locked amount' as a proof-of-assets criterion.

The Pre-IPO project aims to facilitate early positioning for users who want to invest in companies before they go public. Gate's product matrix covers CFDs, Direct Stocks, Stock Perpetual Contracts, and Tokenized Stocks, allowing users to participate in unlisted companies via tokenized shares or formal IPO subscriptions.