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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,
Robinhood launches tokenized U.S. stocks, giving EU users easier access to top assets like Apple, Nvidia, and OpenAI.
CNBC’s MacKenzie Sigalos reports from Cannes on Robinhood’s boldest crypto move yet — launching tokenized shares of OpenAI ...
Cryptopolitan on MSN1d
Robinhood stock hit $100 for the first time after being left out of the S&P 500Robinhood reached $100 a share this week for the first time, according to data from CNBC. The rally came days after the ...
CEO Vlad Tenev said the goal is to merge crypto infrastructure with traditional finance by putting real products in customers ...
CEO Vlad Tenev made a public announcement that the company was developing a blockchain called the Robinhood Chain.
Stock investors have been bullish on Robinhood's push into tokenization and other new product offerings.
The stock tokens give E.U. investors exposure to hundreds of U.S. stocks, as well as to private companies SpaceX and OpenAI.
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