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Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. Similar ...
Robinhood stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.
OpenAI said Wednesday that it does not endorse Robinhood's sale of "OpenAI tokens," noting that these are not equity in the ...
The controversy over Robinhood’s OpenAI private stock tokens is only the beginning of a wider legal battle over tokenized ...
Key Points Robinhood has experienced substantial growth, with platform assets more than doubling since 2023.The company has enhanced its trading platform and added services, including wealth ...
The trading platform is letting users buy crypto-like versions of shares in companies like SpaceX and OpenAI. Here's how it ...
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 ...
Analysts at research and brokerage firm Bernstein have expressed optimism about the future of equity tokenization despite the ...
OpenAI said on Wednesday it had not partnered with Robinhood for the stock tokens the trading platform unveiled earlier this week.
OpenAI has condemned online brokerage firm Robinhood's sale of "OpenAI tokens," saying they will not give consumers stock in the company.
The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI ...
Robinhood earlier this week announced it would give away to eligible European users small "tokenized" stakes in private companies OpenAI and SpaceX, an offering OpenAI said it did not endorse.