<ul data-eligibleForWebStory="false"><li>OpenAI rejects Robinhood's tokenized shares, calling them unauthorized and clarifying they are not equity in OpenAI.</li><li>Robinhood announced tokenized versions of private company shares, including those of OpenAI and SpaceX, for European users as part of its blockchain-based trading expansion.</li><li>The tokenized shares are derivative contracts by Robinhood that mirror real stock prices but do not confer ownership or shareholder rights, aimed at providing retail investors access to assets like crypto.</li><li>The move towards tokenizing private equity by platforms like Robinhood and Republic is sparking concerns about consent, ownership, and valuation tracking, signaling a tension between tech firms and trading platforms with the rise of blockchain in financial markets.</li></ul>

OpenAI Rejects Robinhood’s Tokenized Shares, Calls Them Unauthorized

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