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OpenAI Warns Investors About Robinhood’s Crypto Token Launch

TheStreet on MSN · 2h

OpenAI's warning sparks EU review of Robinhood's stock token

OpenAI's warning over token misuse prompts EU regulators to investigate Robinhood's stock token offering. The Bank of Lithuania, which regulates Robinhood on behalf of the European Union, has begun an investigation into the company's newly announced tokenized equity products related to OpenAI and SpaceX.

CNBC on MSN · 11h

Robinhood stock tokens face scrutiny in the European Union after OpenAI warning

The Bank of Lithuania, Robinhood's lead EU regulator, said it is "awaiting clarifications" regarding the structure of the company's OpenAI and SpaceX stock tokens. Robinhood says its stock tokens give users the ability to invest in shares in the form of blockchain-based tokens.

OpenAI Warns Investors About Robinhood’s Crypto Token Launch: ‘No Equity Transfer Approved’

Robinhood’s stock hit record highs with its crypto token launch, but shares slid after OpenAI denied involvement, warning the tokens aren’t legitimate equity.

4don MSN

OpenAI Says It Does Not Endorse Robinhood's 'Stock Tokens' of ChatGPT Maker

Key Takeaways ChatGPT maker OpenAI distanced itself from the "stock token" project Robinhood announced earlier this ...

Cryptopolitan on MSN5d

Robinhood stock hit $100 for the first time after being left out of the S&P 500

Robinhood reached $100 a share this week for the first time, according to data from CNBC. The rally came days after the ...

NBC Los Angeles5d

Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500

CEO Vlad Tenev said the goal is to merge crypto infrastructure with traditional finance by putting real products in customers ...

5d

Robinhood makes a Dramatic Move: Creating a “Military-Grade” Blockchain for Real World Assets

CEO Vlad Tenev made a public announcement that the company was developing a blockchain called the Robinhood Chain.

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