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Robinhood launched tokenized stocks on June 30, providing EU-based users with blockchain-based access to shares, including those of private companies such as OpenAI and SpaceX. However, OpenAI ...
The Bank of Lithuania, Robinhood's lead EU regulator, said it is "awaiting clarifications" regarding the structure of the company's OpenAI and SpaceX stock tokens. Robinhood says its stock tokens ...
Robinhood’s “private equity” tokens for OpenAI and SpaceX are under EU regulatory review after warnings that they do not grant actual equity.
Robinhood states that the product allows retail investors to access private markets. Robinhood did not comment further. At press time, Robinhood's stock (HOOD) is down 1.80% in the last 24 hours.
Lithuania's central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week. Stream Connecticut ...
Following Robinhood's announcement of the new token offering, OpenAI took to social media platform X to warn users that "these 'OpenAI tokens' are not OpenAI equity." Money Report news 13 mins ago ...
It comes shortly after OpenAI distanced itself from Robinhood's "Stock Tokens" product.Launched on June 30, the product gives users in the EU the ability to invest in shares in the form of ...