OpenAI stated that tokenized stocks on Robinhood do not represent ownership in the company.

CN
14 hours ago

OpenAI clarified in a statement on Wednesday that the OpenAI tokens distributed to EU users by the trading platform Robinhood do not represent company equity.

"We are not involved in this matter and do not endorse this action," a company representative wrote on social media. "Any transfer of OpenAI equity requires our approval—we have not approved any transfers. Please exercise caution."

On Monday, Robinhood distributed OpenAI and SpaceX tokens worth $5 to customers in the EU, as part of the company's move into tokenized stock trading, which includes launching a layer-2 blockchain network to settle tokenized equity trades.

In a statement to Cointelegraph, a Robinhood representative stated that the token giveaway is limited to "eligible European customers."

SpaceX and OpenAI co-founder Elon Musk took the opportunity to criticize OpenAI's corporate structure. "Your 'equity' is fake," Musk posted on the X platform.

Musk left the OpenAI board in 2018 and has since been outspoken about what he perceives as a shift from a non-profit, mission-driven model to a profit-first model. He has filed a lawsuit accusing OpenAI of violating its charter and misappropriating charitable assets for personal gain.

Robinhood first revealed plans to introduce tokenized stock trading for European customers in May 2025. The launch date or timeline for the U.S. has not yet been announced.

At the Consensus 2025 conference held in Toronto, Canada, Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto, stated that integrating tokenized real-world assets on the platform promotes financial inclusion.

The company's entry into the tokenized stock space comes as cryptocurrency exchanges are broadly working to integrate tokenized stocks, government securities, corporate bonds, and other traditional assets into their platforms, blurring the lines between traditional finance and digital finance.

Robinhood believes that tokenization, through the magic of asset fragmentation, opens up previously inaccessible asset classes to the general public, such as private equity, private credit, and commercial real estate investments.

Private equity and private credit are typically limited to accredited investors who have $1 million or more in investable assets or meet certification income and licensing requirements under EU and U.S. regulations, making it difficult for ordinary retail investors to participate.

The company announced the launch of its layer-2 blockchain network and tokenized real-world asset trading at an event in Cannes, France, on Monday.

"Cryptocurrency is not just a speculative asset; it has the potential to become a pillar of the global financial system," said CEO and co-founder Vlad Tenev.

Related: Layer-2 based stock tokenization takes off, Robinhood pushes for real asset on-chain process

Original article: “OpenAI states that tokens on Robinhood do not represent company equity”

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

ad
Gate: 注册赢取$10000+礼包
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink