Gate, one of the global leading digital asset platforms, has announced the launch of its Pre-IPOs Phase 3 Project Moonshot AI (KIMI), focusing on artificial intelligence company Moonshot AI. The project introduces KIMI Asset Certificates, allowing users to subscribe with either USDT or GUSD and gain early exposure to potential value opportunities ahead of the AI unicorn’s IPO.

Moonshot AI is one of the leading artificial intelligence companies, focusing on large language model development and the exploration of artificial general intelligence. Its Kimi AI assistant has attracted market attention through its long-context understanding, multimodal capabilities, and intelligent Agent technology, while continuing to advance the application of AI in knowledge processing, content creation, and productivity scenarios.

KIMI Asset Certificates are Mirror Notes issued prior to the Moonshot AI IPO. They are designed to mirror the market value of Moonshot AI before and after its listing and constitute a type of Contingent Payout Note. Through a dedicated market trading mechanism, Gate provides users with an opportunity to participate in potential value appreciation ahead of the target company’s IPO and pursue long-term holding.

The Moonshot AI (KIMI) subscription period will run from August 11, 2026, at 07:00 to August 13, 2026, at 07:00 (UTC). The subscription price is set at $105–$115 per share, subject to the final pricing result, with an implied project valuation of approximately $50 billion. The project supports subscriptions with both USDT and GUSD, with a minimum single subscription amount of 10,000 USDT or 10,000 GUSD. A 5% underwriting service fee applies to this project. In addition, if excess returns are generated in the future, a 20% performance fee (Carry) will be charged.

Following the subscription period, KIMI Asset Certificates will be distributed on August 17 at 07:00 (UTC), with 100% of the assets unlocked. They are expected to enter the dedicated market for trading in about one month. The Maker fee for the dedicated trading market is 0.5%, and the Taker fee is 1.5%. A 1% trading fee applies to the dedicated secondary market. If the target company ultimately completes its IPO, Gate will provide subsequent asset handling arrangements based on the actual circumstances.

Meanwhile, Gate is simultaneously launching multiple subscription benefits: eligible VIP users can participate in the Moonshot AI (KIMI) exclusive airdrop program; users subscribing with GUSD can enjoy a 3.8% APR yield from U.S. Treasury bills, distributed daily automatically with zero redemption fees in the original currency. If USDT subscribers do not receive an allocation, the platform will subsidize the subscription funds at a 3.8% APR, calculated based on hourly snapshots, and distribute the yield alongside the refunded funds to their spot accounts.

Gate also reminds users to carefully consider the associated risks. As the target company has not yet gone public, the project is subject to risks including uncertainty regarding the IPO timeline, market volatility, and changes in liquidity. If the target company ultimately fails to complete its IPO, or if the underlying asset is canceled due to factors such as a Right of First Refusal (ROFR), refunds will be processed in accordance with the applicable rules. Any profits, losses, and fees arising from secondary market trading will be adjusted according to the relevant mechanisms.

As AI, RWA, and digital assets continue to converge, Pre-IPOs are emerging as an area of exploration for connecting growth opportunities in innovative companies with global investors. Gate has built a diversified asset service ecosystem spanning Pre-IPOs, IPO Access, stock trading, and gStocks tokenized securities, exploring new connections between traditional financial assets and the digital asset ecosystem. Looking ahead, Gate will continue to expand its presence across stocks, ETFs, RWA, and other innovative asset categories in line with the ongoing digitization of global assets, creating more diverse investment opportunities and providing users with a one-stop experience covering asset discovery, participation, and value transfer.

Users can learn more on the official landing and subscribe here.

About Gate

Gate, founded in 2013 by Dr. Han, is one of the world’s leading cryptocurrency and integrated financial services platforms. Serving over 58 million users globally, it supports trading across 4,900+ digital assets and 12,500+ stock assets, while providing access to a comprehensive range of TradFi assets, including metals, stocks, indices, forex, and commodities, delivering users a one-stop, multi-asset trading experience and blockchain-related services. As an industry benchmark, Gate was among the first platforms to implement 100% Proof of Reserves. Its ecosystem includes Gate Wallet, Gate Ventures, Gate for AI Agent, and a wide range of products and services.

For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Note that Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement.

Source: BeInCrypto