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

OpenAI said on Wednesday it had not partnered with Robinhood for the stock tokens the trading platform unveiled earlier this week.

Key Points Robinhood has experienced substantial growth, with platform assets more than doubling since 2023.The company has enhanced its trading platform and added services, including wealth ...

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

Key Takeaways ChatGPT maker OpenAI distanced itself from the "stock token" project Robinhood announced earlier this week.OpenAI said tokenized versions of its stock are not official equity in the ...

The controversy over Robinhood’s OpenAI private stock tokens is only the beginning of a wider legal battle over tokenized ...

Stock investors have been bullish on Robinhood's push into tokenization and other new product offerings.

Robinhood earlier this week announced it would give away to eligible European users small "tokenized" stakes in private companies OpenAI and SpaceX, an offering OpenAI said it did not endorse.

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

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At a launch event Monday, Robinhood (HOOD) said that European customers will have access to more than 200 U.S. stock and ETF tokens, as well as private companies SpaceX and OpenAI.

Shares of Robinhood Markets Inc. continued their rocket ride on Tuesday, as analysts said the launch of U.S. stock and ETF tokens for customers in the European Union was a smart move that will ...