Robinhood Faces Review in EU over Tokenized OpenAI, SpaceX Shares
20 Articles
20 Articles
Robinhood’s OpenAI, SpaceX private equity tokens face EU scrutiny - WorldNL Magazine
Robinhood’s OpenAI and SpaceX tokens are controversial, but the fine print indicates that they offer indirect exposure to these companies through derivatives. Robinhood’s stock token offerings are under regulatory scrutiny in the European Union after OpenAI warned investors that the digital brokerage’s so-called OpenAI tokens do not represent any equity stake in the company.OpenAI’s warning prompted an inquiry by Lithuania’s central bank, which …
Solana's Tokenized Stock Market More Than Triples In Two Weeks To Hit $48M - Data Intelligence
Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz. Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period. Furthermore, the tokenized stock market on Solana represented 11.4% of the total market capitalization. Algorand remains the leader in the segm…
EU regulators probing Robinhood’s tokenized equity plans after OpenAI raises concerns
Robinhood’s private equity tokens, offering exposure to tech stocks like SpaceX and OpenAI, have triggered regulatory scrutiny in Europe after OpenAI raised concerns and said that the digital assets do not represent equity ownership in the company, CNBC reported on July 7.
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