OpenAI has disavowed any involvement in the recently launched tokenized equity offerings by Robinhood for European users, clarifying that these do not represent actual OpenAI equity. In a post on X, OpenAI stated, “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, nor do we endorse this.” The statement underscores that any transfer of OpenAI equity requires the company’s approval, which was not granted. Robinhood’s new platform allows users access to 200 equities and ETFs, including offerings from prominent startups like OpenAI and SpaceX, through the Arbitrum blockchain. Speculation surrounds the source of these equity interests, especially links to a wealthy investor mentioned by Robinhood’s CEO. Industry experts caution that equity trades in private companies like OpenAI may not be honored, emphasizing the risks involved in secondary market transactions. Overall, the situation raises significant questions about the legality and authenticity of tokenized equity trading.
Source link
Share
Read more