US EditionRobinhood’s Token Sale Faces Backlash as OpenAI Disavows Equity Link
5 Articles
5 Articles
Few times a company manages to put OpenAI, SpaceX and a handful of small European investors into the same phrase. But Robinhood has done it. This time not with meme shares or leveraged transactions, but with a much more ambitious proposal. It has launched stock tokens. And not in the United States, but in the European Union. What does this mean? And why has it made so much noise?It's not just any financial productWhat Robinhood offers are digita…
OpenAI criticizes Robinhood’s ‘OpenAI tokens’
By Shubhangi Chowdhury OpenAI has openly criticized Robinhood for its new token giveaway under the name “OpenAI tokens,” cautioning that these digital assets do not represent actual ownership or equity in the company. “We did not partner with Robinhood,” OpenAI said, “and do not endorse it.” “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom post on the platform X. “We did not partner with Robinhood, were not involved in th…
Robinhood’s Token Sale Faces Backlash as OpenAI Disavows Equity Link
OpenAI Disavows Robinhood’s ‘OpenAI Tokens’ Amid Equity Confusion AI Leader Warns Public: Tokens Do Not Represent OpenAI Stock… The post Robinhood’s Token Sale Faces Backlash as OpenAI Disavows Equity Link appeared first on IMP.NEWS.
Robinhood and OpenAI oppose the new "stock tokens" indexed on the valuations of OpenAI and SpaceX. OpenAI denounces derivatives without real rights. Faced with the critics, Vlad Tenev assumes their derived nature and promises a "tokenization revolution" accessible to the general public. Read more Robinhood's CEO responds to OpenAI regarding its "stock tokens" appeared first on Cryptoast.
As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets
Matt Levine / Bloomberg: As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets — Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0. — ‘Tokenization’
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