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OpenAI rejects Robinhood’s stock tokens, warns of unauthorized equity claims

Artificial intelligence company OpenAI has publicly denied any involvement with Robinhood’s tokenized equity campaign, warning that recently promoted stock tokens are not legitimate. In a July X statement by the Open AI Newsroom, the company clarified it had no role in the creation or distribution of the “OpenAI tokens” promoted by Robinhood, which were claimed … Read more

Elon Musk says OpenAI equity is fake, silent on Robinhood’s SpaceX stock token

Key Takeaways After OpenAI said the “OpenAI tokens” don’t represent real equity, Elon Musk replied by calling OpenAI’s actual equity fake. Musk has repeatedly and publicly criticized OpenAI’s profit model and transparency. Share this article OpenAI’s key early backer Elon Musk reacted to the company’s recent warning that “OpenAI tokens,” apparently linked to Robinhood’s stock … Read more

OpenAI denies involvement in Robinhood’s tokenized equity launch on Arbitrum

Key Takeaways OpenAI denied any involvement or endorsement of Robinhood’s tokenized equity launch on Arbitrum. Robinhood introduced over 200 tokenized equities on Arbitrum, including OpenAI, Microsoft, and Nvidia, targeting European clients. Share this article OpenAI has denied any connection to Robinhood’s tokenized equity launch on Arbitrum, stating it did not authorize or endorse the creation … Read more

Robinhood’s $200 million Bitstamp deal takes it beyond retail trading

Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions. The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto … Read more

The CFTC just pulled the plug on Robinhood’s Super Bowl bets—Here’s why

Less than a day after launching Super Bowl betting contracts, Robinhood shut them down at the CFTC’s request. On Feb. 4, Robinhood pulled the plug on its Super Bowl betting contracts just a day after launch, following a request from the U.S. Commodity Futures Trading Commission. The Commodity Futures Trading Commission (CFTC) has formally requested … Read more

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