Robinhood stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.

Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. Similar ...

OpenAI said Wednesday that it does not endorse Robinhood's sale of "OpenAI tokens," noting that these are not equity in the ...

Vlad Tenev said Robinhood is dead set on expanding its tokenized stock offerings, despite warnings from the SEC about the ...

The financial world is buzzing about tokenization, a process using blockchain to turn real-world assets like stocks or real ...

The controversy over Robinhood’s OpenAI private stock tokens is only the beginning of a wider legal battle over tokenized ...

Analysts at research and brokerage firm Bernstein have expressed optimism about the future of equity tokenization despite the ...

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 ...

Key Takeaways ChatGPT maker OpenAI distanced itself from the "stock token" project Robinhood announced earlier this week.OpenAI said tokenized versions of its stock are not official equity in the ...

OpenAI said on Wednesday it had not partnered with Robinhood for the stock tokens the trading platform unveiled earlier this week.

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.

The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI ...