- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Musk said that OpenAI equity is fake, but has not yet responded to SpaceX currency
Odaily News In response to OpenAIs rebuttal to Robinhoods claim that it had not authorized it and that the so-called OpenAI Coin was not OpenAIs equity, Musk, OpenAIs mortal enemy, responded on the X platform: Your equity is fake. It is not yet clear whether Musk is saying that OpenAI Coin is fake equity or that OpenAIs own equity is simply a castle in the air. It is worth noting that the stock coins issued by Robinhood also include SpaceX coins, but Musk has not responded to this.
Previous analysis has pointed out that OpenAI is currently completing a major reorganization, and its Chief Financial Officer Sarah Friar has made it clear that this structural reform is to pave the way for a possible IPO in the future. However, if Robinhood launches token equity without authorization, it may not only shake the equity structure, but also pre-price it, interfere with market expectations and potential investor confidence, and create instability.
For reference: OpenAI denounces Robinhood for being unauthorized. Whose interests are affected by stock tokenization?
You may also like
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
$1.3 Billion Debt: BitDeer Faces Tough Battle
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…
Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Jack Dorsey’s Block to Cut 4,000 Jobs in AI-Driven Restructuring
Key Takeaways Block’s significant job cuts aim to streamline operations for AI-driven growth. The company’s stock surged over…
Axiom Crypto Uncovered: ZachXBT Reveals $400k Insider Trading
Key Takeaways Allegations of insider trading at Axiom Crypto involve approximately $400,000 and a complex scheme where employees…
Ethereum 2029 Roadmap: ETH to Become the High-Speed Internet of Value
Key Takeaways Ethereum’s new roadmap, the “Strawmap,” aims for a settlement layer achieving 10,000 transactions per second (TPS)…
India Enhances Crypto KYC and AML Measures with Live ID and Location Checks
Key Takeaways: India classifies crypto exchanges as Virtual Digital Asset (VDA) service providers requiring enhanced Anti-Money Laundering (AML)…
Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — Is a Bull Market Beginning?
Key Takeaways: Bitcoin experienced a massive short squeeze, liquidating nearly $500 million in short positions and propelling its…
XRP Price Prediction: Ripple Invests Billions to Forge a Connection with Banks – Is $1,000 Possible?
Key Takeaways: Ripple has invested around $4 billion in establishing connections between traditional banks and crypto platforms, illustrating…
App