<ul data-eligibleForWebStory="false"><li>OpenAI posted on social media distancing themselves from Robinhood's stock tokens, stating they do not endorse them or partner with Robinhood.</li><li>Robinhood's CEO mentioned that the stock tokens offer retail investors exposure to private assets, but OpenAI's statement impacted Robinhood's stock price causing a 6% drop.</li><li>Robinhood clarified that the tokens are enabled by their ownership stake in a special purpose vehicle, giving customers exposure to private markets.</li><li>Robinhood introduced U.S. stock and ETF tokens in the European Union, offering customers access to over 200 U.S. stock and ETF tokens.</li></ul>

OpenAI Says It Does Not Endorse Robinhood’s Stock Tokens

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