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OpenAI Warns Investors About Robinhood’s Crypto Token Launch

OpenAI Warns Investors About Robinhood’s Crypto Token Launch: ‘No Equity Transfer Approved’

Robinhood’s stock hit record highs with its crypto token launch, but shares slid after OpenAI denied involvement, warning the tokens aren’t legitimate equity.

TheStreet on MSN · 18h

OpenAI's warning sparks EU review of Robinhood's stock token

OpenAI's warning over token misuse prompts EU regulators to investigate Robinhood's stock token offering. The Bank of Lithuania, which regulates Robinhood on behalf of the European Union, has begun an investigation into the company's newly announced tokenized equity products related to OpenAI and SpaceX.

CNBC on MSN · 1d

Robinhood stock tokens face scrutiny in the European Union after OpenAI warning

The Bank of Lithuania, Robinhood's lead EU regulator, said it is "awaiting clarifications" regarding the structure of the company's OpenAI and SpaceX stock tokens. Robinhood says its stock tokens give users the ability to invest in shares in the form of blockchain-based tokens.

2hon MSN

Robinhood has rolled out 'tokenized' stocks and ETFs. Here's what to know about the crypto-like assets.

Robinhood said users in Europe could trade tokenized versions of popular stocks, including shares of private companies like ...

Coinspeaker3h

Robinhood in Talks With EU Regulators Over Tokenized Stock Trading: Report

Robinhood is in talks with EU regulators over its tokenized stock trading amid OpenAI’s criticism. The tokenization market is rapidly expanding worldwide.

Robinhood shares fall after OpenAI denies partnership with the company

Robinhood shares fell nearly 6% after OpenAI denied any involvement in the trading platform’s new tokenized shares offering ...

Cryptopolitan on MSN5d

Robinhood stock hit $100 for the first time after being left out of the S&P 500

Robinhood reached $100 a share this week for the first time, according to data from CNBC. The rally came days after the ...

NBC Los Angeles6d

Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500

CEO Vlad Tenev said the goal is to merge crypto infrastructure with traditional finance by putting real products in customers ...

Robinhood makes a Dramatic Move: Creating a “Military-Grade” Blockchain for Real World Assets

CEO Vlad Tenev made a public announcement that the company was developing a blockchain called the Robinhood Chain.

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