Bitget IPO Prime Phase Two: Why OpenAI?

Author: Gracy Chen, Bitget CEO

Preface: Persisting in Doing the "Right and Difficult" Thing

Many people ask me why Bitget insists on doing IPO Prime. Even when there are doubts in the market, we still choose to launch the second phase, and it features a highly regarded target like OpenAI.

The answer is simple: we firmly believe that bringing the world's highest quality assets to users with the lowest threshold and the highest transparency is Bitget's strategic original intention and our mission to practice "financial equality." This path may not be smooth, but we choose to persist in doing the "right and difficult" thing.

💡 The Core Value of IPO Prime: Breaking Barriers, Inclusive Finance

• Low Threshold, True Inclusiveness: Traditional private equity investments often start at millions of dollars. At Bitget IPO Prime, we are committed to lowering the threshold to the extreme, allowing ordinary users to participate in the feast of top Pre-IPO assets. We do not charge Carry (performance fees) or management fees, solely to reduce your participation costs.

• High Liquidity, True Transparency: The biggest pain point of private equity is the lack of liquidity. Through tokenization technology, we transform these originally "locked" assets into compliant, transparent, and freely tradable digital assets in the secondary market. This means you no longer have to wait a long time; you can buy and sell at any time.

• The Cornerstone of the UEX Vision: IPO Prime is an important part of Bitget's creation of the Universal Exchange (UEX). We hope to build a platform where all valuable assets, including crypto assets, tokenized stocks, and commodities, can be traded seamlessly in one account, achieving true asset diversification.

🧠 Why OpenAI? The "Stars and Sea" of the AI Era

Our choice of OpenAI as the target for the second phase is not accidental, but based on deep insights into the market, technology, and value:

• Pioneer and Leader of the AI Era: Since the emergence of ChatGPT in 2022, OpenAI has completely ignited the global AI wave. It is not a follower but a definitor. Investing in OpenAI is investing in the future of the AI era.

• Valuation Potential and Strategic Vision: The current market generally overvalues popular AI targets, even creating bubbles. However, we believe that OpenAI, as the creator of the "iPhone moment" in the AI field (do you remember your first experience with ChatGPT in 2022?), still has potential for valuation exploration.

• C-end Potential Yet to be Released: OpenAI has over 1 billion monthly active users, but its monetization is currently mainly focused on subscription fees. Imagine when it fully expands into large-scale monetization areas like advertising and consumer entry; its growth potential will be exponential. This is like early Google, with limitless potential.

• Top Talent Density and Innovative Culture: The paradigm of AI technology iterates rapidly, and talent and innovation are core competencies. OpenAI gathers the top AI research teams in Silicon Valley, and its culture of innovation from 0 to 1 ensures it maintains a leading position in future technological breakthroughs.

🛡️ Bitget's Differentiated Core Competitiveness: Real Assets, Clear Structure

• Direct Investment in the Primary Market, Not Secondary Old Shares: We acquire direct Primary shares from OpenAI's latest financing round, rather than the mixed old shares in the secondary market. This means you are investing in the real value under the company's latest valuation.

• Clear Structure, Controllable Risks: We inject directly through underlying funds, with a simple structure (usually at the L1 level). Compared to some similar assets that may have five or more layers of nested structures, we greatly reduce counterparty risk, ensuring the safety of your assets.

• 1:1 Real Asset Holding, Rejecting "Air": Bitget adheres to the principle of "only listing what we have." Every token purchased by users corresponds 1:1 to the underlying real equity. We provide genuine asset ownership with real RWAs (real-world assets) attributes.

🌊 Liquidity Advantage: Making Private Equity "Alive"

Traditional private equity investments have long exit cycles and complex processes. Bitget IPO Prime addresses this pain point:

• Free Trading, Instant Liquidity: Once assets are listed on the secondary market, users can buy and sell for liquidity in a short time, no longer facing years of "long-term lock-up."

• Value Return, Long-term Holding: The first phase preSPAX target case proves that although there were fluctuations initially, long-term holders who recognized its value gained over 15% returns within one to two months. (650 subscription price/price when first listed, and now about 750) The market will ultimately return to the real value of the assets, just as I mentioned in a tweet a few days ago, good assets are friends of time 💪

Conclusion: Invest in the Future of AI with Bitget

Investing in OpenAI is not just investing in a company; it is investing in an era. Bitget IPO Prime is committed to opening this door for you. We believe that by providing high-quality, low-threshold, and highly liquid assets, we can seize the tremendous opportunities of the AI era together with you in the wave of financial transformation.