Total Tracked (incl. stablecoins)$352.42B
RWA Market Cap (ex-stablecoins)$49.8B
Stablecoins$298.58B
Tokenized Treasuries$9.46B
Tokenized Gold$5.9B
24h RWA Volume$1.7B
Treasury Token Yield vs SOFR-0.54%
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PREOPAI

PREOPAIOpenAI (Republic Pre-IPO)

Pre-IPO 24/7/365

Issued by Republic

OnSolana
$850.2
2.23% 24h
Rank #735

Price performance

7D

-10.63%

14D

-3.55%

30D

-4.57%

1Y

—

All-time

-17.30%

Market Cap

$24.72M

24h Volume

$188.41K

Underlying

OpenAI (Pre-IPO) stock

KYC / AccreditedWhat's this?

Key facts

via /coins/{id}

Market Cap Rank

#735

Circulating Supply

29.08K

Total Supply

29.08K

All-Time High

$1,033.95 · 2026-05-27

Categories

Tokenized AssetsSolana EcosystemReal World Assets (RWA)Republic Tokenized Pre-IPO AssetsTokenized Pre-IPO Stocks

News & Insights

Also tokenized by

OpenAI (Republic Pre-IPO) is issued as 5 separate tokens across different issuers.

IssuerTokenPriceMarket Cap24h VolumeNetworks
Ondo Finance$1,125.88$19.13M$3.51K
Ethereum
PreStocks$1,959.25$3.73M$79.6K
Solana
Tessera Tokenized Pre-IPO Assets$1,545.78$1.06M$176.71K
Solana
Gate
OPEopenai
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Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.

Tokenized pre-IPO exposure — PREOPAI insights & FAQ

PREOPAI is tokenized pre-IPO exposure — on-chain, 24/7 access to a private company that is not yet publicly listed, an asset class normally closed to retail investors. Because there is no public market, its price behaves differently from a tokenized public stock, as described below.

Can retail investors get pre-IPO exposure through PREOPAI?
Yes — PREOPAI offers on-chain, 24/7 exposure to a private company that is normally accessible only to venture funds and insiders. It lowers the barrier to pre-IPO names, providing exposure through a tokenized wrapper rather than direct private equity.
What determines the price of PREOPAI?
Because the company is private with no public market, PREOPAI's price is set by its own on-chain market alongside reference points such as recent private-round valuations and secondary-market marks — not a live public stock price. Without continuous public price discovery, the token can be more volatile and can diverge from any single valuation benchmark.
Is PREOPAI more volatile than a tokenized public stock?
Typically yes — pre-IPO tokens are thinner and lack a public market to anchor to, so price moves can be larger and less efficient. There is also no daily market open to gap against, so the weekend-gap framing used for public tokenized assets does not apply here.
Does holding PREOPAI give me shares or voting rights in the company?
Generally no — tokenized pre-IPO products typically provide price exposure rather than registered equity or shareholder rights. Structures vary by issuer, so the specific terms of the token determine what, if anything, it represents legally.

Provided for informational purposes only — not financial advice. Tokenized pre-IPO exposure carries additional liquidity, valuation and structural risk.