OpenAI Tokens Trigger Controversy with Robinhood’s New Offering

Key Points

1. OpenAI officially stated that the 'OpenAI tokens' offered to Robinhood users in Europe were not sanctioned by the company.

2. OpenAI emphasized that any share transfer requires its approval and no such approval was granted for Robinhood's offering.

3. Robinhood launched a tokenized stock trading application on the Arbitrum blockchain for European users, providing access to over 200 stocks and ETFs.

4. The platform included a secondary market featuring tokenized shares of ventures like OpenAI and SpaceX, which OpenAI disputes.

5. Market observers speculated that these assets might represent shares acquired by Robinhood, but experts noted private ventures like OpenAI can opt out of such offerings.