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OpenAI Warns Investors About Robinhood’s Crypto Token Launch

TheStreet on MSN · 23h

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.

TechRepublic · 1d

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.

CNBC on MSN · 1d

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.

1h

OpenAI Poaches 4 High-Ranking Engineers From Tesla, xAI, and Meta

The new hires are joining OpenAI’s scaling team, according to an internal Slack message sent by cofounder Greg Brockman.

5d

Elon Musk Throws Shades At Rival Sam Altman’s OpenAI Over Token Transfer To Robinhood Trading App

To cap off our recent crypto event, we announced a limited Stock Token giveaway on OpenAI and SpaceX to eligible European ...

NBC Los Angeles6d

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 ...

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