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Openi condemns “Openi Tokens” by Robinhood

The Forge Bulletin - Business - July 2, 2025
OpenAI CEO Sam Altman gestures during a session of the World Economic Forum (WEF) meeting in Davos on January 18, 2024. (Photo by FABRICE COFFRINI/AFP via Getty Images)
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Openai wants to clarify that Robinhood’s sale of “Tokenii” will not give the equity of daily consumers – or the shares – in Openi, said the company in A send From his formal birthday of editorial staff on X. Openai says that it does not emit Robinhood’s effort, nor was it involved in facilitating the dirty sign.

“These” Taken Openai “are not Openii shareholders,” said the account of the Openai editorial staff on Wednesday. “We did not collaborate with Robinhood, we did not involve ourselves in this and we do not support it. Any transfer of Openai Equity Righting request for approval OU – We have not approved any transfer.

These “open token” are not open equity. We did not collaborate with Robinhood, we did not involve this and does not support it. Any transfer of Openai Equity requires approval: we have not approved any transfer.

Please be careful.

– Openai Newsroom (@openainewsroom) 2 July 2025

Use Openi an Openni announcement for Robinhood’s announcement at the beginning of this week that would do it Begins to sell the so -called tokenized actions of Openai, Spacex, and other private companies to people in the European Union.

Robinhood states that the launch represents an attempt to give an exhibition to the days common to equity in the most precious private companies in the world through Blockchain. Hours after canceling these token sales, Robinnt’s actions price Shot at a historical maximum.

But the actions in private companies such as Openai and Spacex are available to the public. This is what makes them private. They sell actions to the investors of their choice.

So Oenai is openly denying Robinhood’s effort.

In responsibility for the condemnation of Openai, the spokesman for Robinnthood Rouky Diallo told Techcrunch that the Openii tokens were part of a “limited” tribute to offer retail investors an indirect exhibition “through the share of the ownership of Robinhood in a special vehicle (SPV).

This suggests that Robinhood has actions of a SPV that controls a number of Openi actions. Like tokens, not even SPVS actions are the direct property of the actions. They are properties in a vehicle that has shares. In one way or another, Robinhood seems to bind the price of its new tokenized product to the Openai actions in that SPV. But shares prices in a SPV can also different from an effective share of actions.

In Robinnt’s Help center, The company notes that when you buy one of its equity tokens, “you are not buying the shares, you are buying tokenized contracts that follow their price, recorded on a blockchain.

“While it is true that they are technically” fairness “, […] The tokens effectively offer detail investors to exposure to these private assets, “said Robinnt’s CEO Vlad Tenav in a Placed on x On Wednesday. “Our plants from Giveway a seed for something much bigger, and since our beginning we feel from many private companies that are anxious to join us in the tokenization revolution.

Openi refused to comment further. Robinhood did not answer further Techcrunch questions about his SPV.

It is known that private companies reject anything can influence the way their equity is evaluated. In recent months, the Startup figure of humanoid robotics Ai has smell Cease letters and desists for two brokers Manage secondary markets that traded the company’s shares. Race, these situations are different, but most of the Garde startups want people to believe they are authorized to actions if they have it.

TAGS: #Open#Robinhood
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