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OpenAI has denied authorization for Robinhood to launch its tokenized stock.
By: theblockbeats.news|2025/07/03 11:07:57
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BlockBeats News, July 3rd, OpenAI officially issued a statement denying authorization for Robinhood to launch related tokenized stocks. The so-called "OpenAI Token" does not represent company equity, nor has it established any partnership with Robinhood or endorsed any related projects. OpenAI emphasized that any transfer involving company equity must obtain official approval, and at present, the company has not approved any such transactions, urging the public to remain vigilant.
Previously, Robinhood announced that Robinhood EU had launched the world's first batch of tokenized stocks of private companies, including OpenAI and SpaceX tokens. Robinhood EU is giving away the first batch of private company stock tokens from Open AI and SpaceX for free. If you are a Robinhood EU user and eligible, you can claim the tokens within the app.
Musk commented on this: Your "ownership" is not real.
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