US EditionIs Robinhood Misleading Investors with Its OpenAI-Backed Tokens?
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3 Articles
A week after launching a platform in Europe to buy Stock Tokens, i.e. tokenized shares, Robinhood's CEO said in an interview that he had had many requests from unlisted companies to integrate them. They see it as an opportunity to open their capital to the general public. Robinhood's Tokenized Shares article: many private companies would be interested in integrating them appeared first on Cryptoast.
Can an average Joe access shares of private companies like OpenAI, SpaceX, Anthropic?
By Ajay Raju In a landmark development for private market democratization, Republic, a New York-based investment platform, announced plans to offer retail investors access to shares of high-profile private companies, beginning with SpaceX, through the sale of tokenized assets called Mirror Tokens. Republic says it plans to offer similar products tied to companies like OpenAI and Anthropic, potentially extending the model to other high-profile …
Is Robinhood Misleading Investors with Its OpenAI-Backed Tokens?
OpenAI distances itself from Robinhood’s tokenized stocks, clarifying no equity representation. Robinhood defends tokenized stocks, emphasizing exposure over equity ownership. EU regulators review Robinhood’s tokenized stock product for legal compliance and transparency. Robinhood Markets is under investigation by European Union regulators regarding its new tokenized stock offerings tied to private companies like OpenAI. The effort, launched on …
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