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

OpenAI's warning over token misuse prompts EU regulators to investigate Robinhood's stock token offering. The Bank of ...

Robinhood revealed plans to offer tokenized shares of private companies like OpenAI and SpaceX to European users. OpenAI said it was not involved in the plan, warning investors to be cautious.

In response to OpenAI's warning last week, Robinhood had said that its stock tokens "give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood's ...

The scrutiny is a result of a public warning issued last week by OpenAI, which stated that it had no involvement with Robinhood's purported "OpenAI tokens." OpenAI said in a statement on X: ...

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