#OpenAI Denies Partnership as #Robinhood Launches Private Share Tokens


OpenAI has publicly rejected Robinhood's tokenized shares offering, stating they "do not endorse" the product.


The AI company clarified that these tokens are not actual OpenAI equity and require company approval for transfers.


Robinhood CEO Vlad Tenev announced tokenized shares for over 200 private companies, including OpenAI and SpaceX.


The "stock tokens" are derivatives tracked on blockchain that follow private company prices.


Republic also plans to offer tokenized shares for OpenAI and Anthropic to improve retail investment access.


Token holders receive price exposure but no actual shareholder rights in the companies.


The products target EU users as on-chain stock trading gains momentum.

image
July 02, 2025 at 11:28 PM
5