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OpenAI said Wednesday that it does not endorse Robinhood's sale of "OpenAI tokens," noting that these are not equity in the company.
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 stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.
OpenAI's warning over token misuse prompts EU regulators to investigate Robinhood's stock token offering. The Bank of ...
Robinhood's tokenized stocks let European investors trade digital versions of U.S. shares 24/7 with zero commissions, but ...
OpenAI said it did not partner with Robinhood on the tokens and emphasized no equity transfer was approved. Robinhood unveiled the tokens at a Cannes product event, sending its stock to a new all ...
Vlad Tenev said Robinhood is dead set on expanding its tokenized stock offerings, despite warnings from the SEC about the ...
The controversy over Robinhood’s OpenAI private stock tokens is only the beginning of a wider legal battle over tokenized ...
Robinhood was excluded from the S&P 500 last month, a move that surprised some investors as rival fintech Block was added.
If you want a job safe from AI, consider becoming a trader. Robinhood's CEO tells Axios human traders will not be replaced by ...
That suggests Robinhood owns shares of an SPV that controls a certain number of OpenAI’s shares. Like the tokens, shares of SPVs are not direct ownership of shares, either.