{"id":37686,"date":"2025-07-04T09:17:07","date_gmt":"2025-07-04T09:17:07","guid":{"rendered":"https:\/\/www.europesays.com\/us\/37686\/"},"modified":"2025-07-04T09:17:07","modified_gmt":"2025-07-04T09:17:07","slug":"openai-says-it-does-not-endorse-robinhoods-stock-tokens","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/37686\/","title":{"rendered":"OpenAI Says It Does Not Endorse Robinhood\u2019s Stock Tokens"},"content":{"rendered":"

An OpenAI<\/a> social media post reportedly impacted Robinhood<\/a>\u2019s stock price and set off a debate about the stock tokens Robinhood announced Monday (June 30).<\/p>\n

\u201cThese \u2018OpenAI Tokens\u2019 are not OpenAI equity,\u201d the OpenAI Newsroom<\/a> account said in a Wednesday (July 2) post<\/a> on X. \u201cWe did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval \u2014 we did not approve any transfer. Please be careful.\u201d<\/p>\n

About three hours later, Robinhood CEO and Co-Founder Vlad Tenev<\/a> said in a post<\/a> on X that the company\u2019s giveaway of OpenAI stock tokens \u201cplants a seed for something much bigger\u201d and that Robinhood has heard from private companies that want to join in on this tokenization offering.<\/p>\n

\u201cWhile it is true that they aren\u2019t technically \u2018equity\u2019 (you can see the precise dynamics in our Terms for those interested), the tokens effectively give retail investors exposure to these private assets,\u201d Tenev said in the post.<\/p>\n

Bloomberg reported<\/a> Thursday (July 3) that Robinhood\u2019s shares fell as much as 6% Thursday after OpenAI posted its statement and that the post set off a broader debate about the tokenization of shares of private companies.<\/p>\n

A Robinhood spokesperson told Bloomberg: \u201cThe tokens are enabled by Robinhood\u2019s ownership stake in a special purpose vehicle. So while we don\u2019t technically \u2018own shares,\u2019 the tokens give customers exposure to private market.\u201d<\/p>\n

Robinhood announced Monday that it was launching U.S. stock and exchange-traded fund (ETF) tokens in the European Union, giving eligible customers exposure to U.S. equities with Robinhood stock tokens<\/a>.<\/p>\n

The company said that the offering gives European customers access to more than 200 U.S. stock and ETF tokens, with stock token holders receiving dividend payments directly in their app.<\/p>\n

\u201cWith tokenized stocks, our European app transitions from being a crypto-only app to an all-in-one investment app powered by crypto,\u201d Robinhood said in a Monday press release.<\/p>\n

On the same day, the Robinhood EU<\/a> account announced in a post<\/a> on X the giveaway referenced later by Tenev.<\/p>\n

\u201cWe\u2019re giving away the first Private Company Stock Tokens of Open AI and Space X,\u201d the post said. \u201cIf you\u2019re a Robinhood EU customer and you qualify, you are now able to claim your tokens in-app until July 7th.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"An OpenAI social media post reportedly impacted Robinhood\u2019s stock price and set off a debate about the stock…\n","protected":false},"author":3,"featured_media":37687,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[822,64,30552,50,305,751,24928,30553,30554,67,132,68,756],"class_list":{"0":"post-37686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-blockchain","9":"tag-business","10":"tag-digital-assets","11":"tag-news","12":"tag-openai","13":"tag-pymnts-news","14":"tag-robinhood","15":"tag-stock-tokens","16":"tag-tokenization","17":"tag-united-states","18":"tag-unitedstates","19":"tag-us","20":"tag-whats-hot"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114794217098998233","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/37686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=37686"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/37686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/37687"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=37686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=37686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=37686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}