Robinhood’s ‘OpenAI tokens’ are not equity, OpenAI clarifies
OpenAI publicly disavowed Robinhood’s “OpenAI tokens,” stating “we did not partner with… and do not endorse it.” Robinhood’s tokens offer indirect exposure via a Special Purpose Vehicle (SPV), not direct equity in OpenAI. Robinhood CEO Vlad Tenev defended the move as giving retail investors exposure to private assets. OpenAI, the high-profile artificial intelligence firm, has […]
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