OpenAI to Robinhood: That’s not our stock, bro
AI giant OpenAI has taken to X to remind an excited crypto community that Robinhood’s much-hyped “stock tokens” don’t represent equity in the business. The post clarifies that Robinhood isn’t working in partnership with OpenAI, and the tokens are not endorsed, insisting that “we did not approve any transfer” of equity. These “OpenAI tokens” are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful. — OpenAI Newsroom (@OpenAINewsroom) July 2, 2025 Read more: Robinhood wants US newborns larping into stocks Announced at the Ethereum Community Conference in Cannes this week, “stock tokens” give users access to tokenized versions of well-known stocks, as well as “shares” in private companies, OpenAI and SpaceX. The tokens are currently deployed on Ethereum L2 Arbit...