Robinhood Under Scrutiny as OpenAI Denies Equity Link to Tokenized Stocks
Published at:2025年07月09日 21:34
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Robinhood Markets is currently facing scrutiny from European Union regulators over its newly introduced tokenized stock offerings, which include private companies like OpenAI. Launched on June 30, 2025, the initiative aimed to provide EU retail investors with digital exposure to prominent U.S. firms. However, OpenAI has publicly distanced itself from the product, clarifying that these tokens do not represent actual equity in the company. This has sparked concerns about potential investor confusion. OpenAI emphasized in a statement on X that Robinhood's tokenized stock product lacks its endorsement and that the tokens offered are not equivalent to company shares. Furthermore, OpenAI noted that any transfer of its equity requires prior approval, which has not been granted to Robinhood. The situation has prompted EU regulators to review the product for legal compliance and transparency.
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