Robinhood’s OpenAI ‘Tokens’ Are Not Actual Equity, OpenAI Warns
Robinhood’s stock surged to record highs earlier this week after the brokerage announced plans to offer tokenized shares of private companies, including OpenAI. But the ChatGPT maker quickly distanced itself from the move, cautioning investors not to confuse the tokens with actual company stock. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI in a…

