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OpenAI Casts Doubt on Robinhood’s New Tokenized Equity Products
Robinhood Markets Inc. shares fell after OpenAI advised caution to customers taking advantage of the brokerage’s offer for access to equity “tokens” for the closely held company led by Sam Altman.Most Read from BloombergNYC Commutes Resume After Midtown Bus Terminal Crash ChaosStruggling Downtowns Are Looking to Lure New CrowdsMassachusetts to Follow NYC in Making Landlords Pay Broker FeesForeign Buyers Swoop on Cape Town Homes,
OpenAI said Wednesday that it does not endorse Robinhood's sale of "OpenAI tokens," noting that these are not equity in the ...
CNBC’s MacKenzie Sigalos reports from Cannes on Robinhood’s boldest crypto move yet — launching tokenized shares of OpenAI ...
Stock investors have been bullish on Robinhood's push into tokenization and other new product offerings.
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