Robinhood CEO Downplays OpenAI Concerns on Tokenized Stock Structure

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Robinhood CEO downplays OpenAI concerns on tokenized stock structure

Robinhood CEO Vlad Tenev says it’s not “entirely relevant” that the platform’s OpenAI and SpaceX stock tokens aren’t technically equity in the...

Robinhood CEO Defends OpenAI Token Offering After Firm’s Warning, EU Scrutiny

Robinhood CEO Vlad Tenev has defended the company's controversial tokenized stock offering linked to OpenAI, saying the structure gives retail investors valuable exposure even if the tokens do not represent actual equity, CNBC reported.The remarks come after OpenAI publicly distanced itself from the product and EU regulators began reviewing its compliance.OpenAI: No Approval Given for Equity RepresentationLast week, OpenAI issued a warning on X,…

Robinhood CEO Wants 'Thousands' of Private Companies Tokenized on Platform

OpenAI denounced Robinhood’s offering of its private stock as a crypto token, but the trading app wants to add thousands more to its roster.

Robinhood moves to calm EU regulators over OpenAI's tokenized stocks complaints

Robinhood CEO Vlad Tenev said the company is in discussion with European regulators about its token-based equity product after companies like OpenAI raised concerns. The Menlo Park, California based company revealed last week that investors across the European Union would soon have the opportunity to trade blockchain tokens representing U.S. corporate shares. As part of the rollout, Robinhood distributed complimentary tokens for privately held e…