Ourbit Launches Second Super IPO Offering for OpenAI-Linked Digital Assets
Ourbit’s Super IPO service allows users to subscribe with cryptocurrency for digital assets linked to prominent private companies, offering exposure to IPO-related market activity without going through traditional securities underwriting channels. After debuting with a SpaceX-themed offering, the platform has turned to OpenAI for its second phase, reflecting exchanges’ efforts to channel enthusiasm for technology unicorns into the crypto market.
Ourbit recently announced the second phase of Super IPO, formally opening subscriptions for OpenAI-linked digital assets at 699 USDT each, which it claims is the lowest price available across the market. Related reports said token prices for both the SpaceX and OpenAI offerings had risen at some point. However, Ourbit has not disclosed the exact launch date, total subscription amount or asset-redemption mechanism in the event information.
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The history behind this eventOurbit Launches Super IPO Section With SpaceX Subscription as First Offering
Ourbit has launched “Super IPO,” a project-based digital-asset subscription service designed to use on-chain infrastructure to lower the capital and eligibility barriers associated with traditional IPOs and investments in private companies. Its first offering, ticker SPAX, is linked to the market performance of space company SpaceX and allows cryptocurrency users to participate with USDT. The rights attached to the product remain subject to the platform’s terms.
According to the latest related reports, the first offering in Ourbit’s Super IPO section is now open for subscriptions to SpaceX-linked SPAX at 589 USDT per unit. It is marketed as a way for users to gain early exposure to a closely watched potential trillion-dollar IPO. Neither report provided an exact launch date, subscription deadline or details of any arrangement for converting SPAX into actual SpaceX equity.
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