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Why 600 OpenAI workers just sold $6.6B in stock

Crypto
Last updated: May 11, 2026 6:08 pm
Crypto
Published: May 11, 2026
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Why 600 OpenAI workers just sold $6.6B in stock

OpenAI employees became some early financial winners of the AI boom after more than 600 current and former workers sold shares in October 2025. Summary More than 600 OpenAI workers sold shares, turning private AI equity into a large payday. About 75 employees reportedly reached the $30 million sale cap during the October 2025 deal. OpenAI-linked exposure is entering tokenized markets and retail investment products in 2026. The sale totaled $6.6 billion, according to The Wall Street Journal. About 75 people reportedly sold the maximum $30 million each, while the wider group averaged about $11 million per seller. The deal came after employees waited about two years to sell equity tied to the fast-growing artificial intelligence company. OpenAI had previously limited employee share sales to $10 million, but raised the cap to $30 million due to investor demand. The report said the sale allowed many workers who joined after ChatGPT launched to turn private shares into cash before any public listing. The figures were based on people familiar with the matter, so the exact split among workers has not been publicly confirmed by OpenAI. For employees, the sale offered liquidity while investors sought more exposure to OpenAI. Valuation keeps moving higher The transaction valued OpenAI at an estimated $400 billion. In October 2025, a secondary sale involving current and former employees valued OpenAI at $500 billion, showing how private-market valuations have moved fast. The company has also been preparing for a possible public listing. Crypto.news recently reported that OpenAI crossed $25 billion in annualized revenue and was preparing an IPO process that could include a filing in the second half of 2026. The same report said the company is still not profitable and faces heavy cash needs. Moreover, OpenAI’s private equity story is also reaching crypto-linked products. As crypto.news reported in April, Robinhood Ventures Fund I bought about $75 million of OpenAI common stock to support venture tokens that give users price exposure through a fund, not direct ownership of OpenAI shares. That structure has already drawn caution. OpenAI previously said: “These ‘OpenAI tokens’ are not OpenAI equity.” The line matters because token buyers may track price exposure without owning real company shares. It also shows that late-stage AI equity is becoming part of crypto-native product design. AI race widens beyond OpenAI The employee sale also comes as the private AI market becomes more competitive. Tokenized pre-IPO markets recently priced Anthropic at about $1.2 trillion, above OpenAI’s private-market pricing on some platforms. OpenAI is still expanding beyond consumer chat tools. crypto.news has also reported that the company is building financial-services tools for ChatGPT through links with FactSet, Third Bridge, Excel, and Google Sheets. That push could make AI a larger part of finance workflows, including digital asset research and market reporting.

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