July 3, 2025
Openai Warns that tokenized Equity Sale on Robinhood is Unauthorized thumbnail
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Openai Warns that tokenized Equity Sale on Robinhood is Unauthorized

“Any Transfer of Openai Equity Requires Our Approval – We did not Approve Any Transfer,” The Company SAID IN A STATEMENT.”, – WRITE: www.coindesk.com

“Any Transfer of Openai Equity Requires Our Approval – We did not Approve Any Transfer,” The Company SAID IN A STATEMENT. Jul 2, 2025, 9:52 pm

Tokenized Equity Offerings for Openai Being Offinhood USers in Europe Are Not Official Authorized by the Company, The ai Giant Said in a Social Media Post.

“THESE ‘OPENAI TKENS’ Are Not Openai Equity. We did not Partner with Robinhood, Were Not Involved in this, and Do not Endorse it,” Openai Posted on X. Our Approval – We Did Not Approve Any Transfer. ”

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Earlier this Week, Robinhood Announced It Was Launching Tokenized Stock Trading Based On the Arbitrum Blockchain to Its Users in Europe. As Coindesk Reported Earlier, Users Will Have Access to 200 Equities and Etfs, As Well As ACondary Market for Equity in Hot Startups Like Openai and Spacex.

The Idea of ​​Tokenized Equity in Not-Yet Public Companies Is Nothing New.

In 2018, A Blockchain Startup Called Swarm SAID IT Wuld be Offering Tokenized Shares in Startups – Including Robinhood.

Coindesk Reported at the Time That Many of the Companies Swarm Claced It Wound Be Offering Equity in Pushed Back and SAID SUCH Market Transactions. ”

Looking at Robinhood’s Current Tokenized Offering, It’s Unclear Whore The Source of Equity is. There is Some Som Speculation of the Equity Represents Interest in Openai Shares That Have Been Already Acquired Via Authorized Channes, Based On Comments Made by Robinhood’s CEO.

SPECULATION:

Durying the presentation, vlad specialized having a reactionship with a wealthy investor with Openai / SpaceX Shares.

TheSe Shares Could Likely Still Be Under the Original Investors Name (EITHER An individual, or an entity), who

– David Hoffman (@tRustlessState) July 2, 2025

Others have warned that Openai – and other startups – would be welhin their righs not to Honor the Sale.

This Highlights Another Risk on the Private Company Side I Didn’s Address Yesterday, But We Offen See in the Secondary Markets. There is no requirement for these companies to Honor the Sale of the Equity You Think You Own – In Fact I SAID RECENTLY AT A PRIVATE CONFERENCE THAT I … https://t.co/nyzhjfgxwvvv

– Rob Hadick > | < (@hadickm) July 2, 2025

“I Expert this Natural Tension to Result in More Private Companies Just Cancelling Equity Sales Altogeter for Those Who Violate their Shareholders’ Agreements,” Dragonfly Genera.

Robinhood Did Not Respond to A Request for Comment from Coindesk.

Krisztian Sandor Contributed Reporting.

Sam Reynolds

Sam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.

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