Openai released a statement on Wednesday that it was clear that Openai tokens distributed to European Union users through the trade platform Robinhood did not represent equity to the company.
“We are not involved here and it is not endorsed,” the company representatives write on social media. “Any Openai equity transfer requires our approval -we will not approve any move. Please be careful.”
Robinhood distributes $ 5 worth of Openai and Spacex token to clients in the EU region on Monday as part of the company Push into tokenized stock tradingwhich includes the launch of a layer-2 blockchain network to resolve tokenized equity trading.
In a statement to Cointelegraph, representatives for Robinhood said the token giveaways were restrained to “European customers.”
“These tokens provide investors to retail indirect exposure to private markets, accessing access, and activate Robinhood’s owner stake in a special goal vehicle.”
Spacex and Openai co-founder Elon Musk gained the opportunity to criticize Openai’s corporate structure. “Your ‘equity’ is fake,” Musk said in an x Post.
Musk left Openai of the Board in 2018 and has since never been ruined about what he sees as removing from nonprofit, a mission-driven model to a first profit model. He has filed suits accusing the Openai of breaking its charter and changing charity assets for private benefits.
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Robinhood announces tokenized real-world asset trading
Robinhood first kicked out plans to Introduce tokenized stock trading For European customers in May 2025. There is no date or timeline provided for a US -Roolout.
Speaking at Consensus 2025 in Toronto, Canada, Senior Vice President and General Manager of Robinhood Crypto Johann Kerbrat said the integration of Tokenized real-world assets On the platform promotes financial integration.
Company’s foray in tokenized equities came in the middle of a broader effort of crypto exchanges in Include tokenized stocksGovernment security, corporate bonds and other traditional ownership of their platforms, which blur the line between traditional and digital finances.
Robinhood has argued that tokenization will open previously inaccessible asset classes such as private equity, private credit, and commercial real estate investing in the general public through the magic of the asset fractionalization.
Private equity and private credit are generally reserved for accredited investors with $ 1 million or more of investors owned or meet annual income and Acredications licensing requirements Under EU and the US regulations, which makes it a ban on average retail investors.
The company announces Layer-2 Blockchain network control and tokenized real-world asset trading during the company Event in Cannes, France on Monday.
“Crypto is more than a speculation that owns, it has the potential to be the backbone of the global financial system,” CEO and co-founder Vlad Tenev said.
Magazine: Tradfi builds Ethereum L2S to i -tacenize trillion in RWAs: Inside Story
