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.

OpenAI has publicly distanced itself from Robinhood's new token giveaway, warning users that the so-called "OpenAI tokens" don't grant any real stake or equity in the company.

Robinhood launched tokenized stocks on June 30, providing EU-based users with blockchain-based access to shares, including those of private companies such as OpenAI and SpaceX. However, OpenAI ...

Robinhood stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.

Robinhood's tokenized stocks let European investors trade digital versions of U.S. shares 24/7 with zero commissions, but ...

Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. Similar ...

OpenAI distanced itself from Robinhood's announcement that it would offer "tokenized" equity in the AI giant on its platform. Robinhood revealed plans to offer tokenized shares of private companies ...

OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post from its official newsroom ...

OpenAI's warning sparks EU review of Robinhood's stock token originally appeared on TheStreet. The Bank of Lithuania, which regulates Robinhood on behalf of the European Union, has begun an ...

OpenAI wants to make clear that Robinhood's sale of "OpenAI tokens" will not give everyday consumers equity — or stock — in OpenAI.

The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI ...

OpenAI said it was not involved in Robinhood’s launch of tokenized shares in Europe, warning users the assets were issued without its approval.