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Robinhood stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.
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 ...
Robinhood's tokenized stocks let European investors trade digital versions of U.S. shares 24/7 with zero commissions, but ...
Robinhood CEO Vlad Tenev says it's not "entirely relevant" that the platform's OpenAI and SpaceX stock tokens aren't technically equity in the companies.
The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI ...
OpenAI said Wednesday that it does not endorse the "tokenized" version of its stock that trading platform Robinhood plans to make available to its European users.
Robinhood Markets (Nasdaq: HOOD), the platform offering stocks and crypto trading, announced the launch of tokenized stocks ...
Robinhood Markets saw its share price climb nearly 26% over the past month, driven by its expansions into tokenized equities.
In response to OpenAI's warning last week, Robinhood had said that its stock tokens "give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood's ...
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 ...
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 ...
The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI and SpaceX stock tokens.