US EditionRobinhood’s OpenAI ‘Tokens’ Are Not Actual Equity, OpenAI Warns
- On July 2, 2025, OpenAI publicly warned that the 'OpenAI tokens' offered by Robinhood are not actual equity and disavowed any partnership or endorsement.
- This warning came after Robinhood announced on June 30 that it would provide European users with access to digital representations of equity in private companies such as OpenAI and SpaceX.
- Robinhood CEO Vlad Tenev explained these tokens mimic share prices and provide indirect exposure through ownership in a special purpose vehicle, but are not direct investments.
- Eligible customers within the European Union who sign up by July 7 receive tokens valued at five euros each; however, these tokens cannot be transferred outside of Robinhood’s platform or sent to external wallets.
- The incident sparked criticism from OpenAI co-founder Elon Musk, who called the equity fake, highlighting investor confusion and raising questions about transparency and tokenization of private assets.
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Cryptocurrency News | Cryptocurrency Prices | Market CapOpenAI Blasts Robinhood for Selling OpenAI Tokens: 'We Do Not Endorse It'
OpenAI warns consumers that Robinhood's sale of "OpenAI tokens" will not give them equity or stock in the company.
·San Francisco, United States
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Do we experience the next revolution in investment? Neobroker Robinhood promises investors to participate in OpenAI and SpaceX – although both companies are not listed on the stock exchange. WORLD explains how this works, what it costs and how serious it is.
·Dortmund, Germany
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Leaning Left1Leaning Right4Center1Last UpdatedBias Distribution67% Right
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67% Right
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C 17%
R 67%
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