“Robinhood is negotiating with European regulators to launch trade in token stocks against the background of product critics, in particular Openai. Bloomberg TV said this on the air of Bloomberg TV. Last week, the platform reported that EU users can trade tokens that represent US companies, including private Openai and SpaceX. Openai stressed, […]”, – WRITE: Businessua.com.ua
Robinhood is negotiating with European regulators to launch trade in token stocks against the background of product critics, in particular Openai. About it in Bloomberg TV said CEO Vlad Teyev CEO.
Last week, the platform reported that EU users can trade tokens that represent US companies, including private Openai and SpaceX. Openai emphasized that they do not support these tools, and they are not real stocks.
According to Teyev, in Lithuania, where the company received a European license, the regulator has already asked requests for the structure of tokens.
“They have questions. They want to make sure that everything meets the standards, because it is an innovative product. We are confident in these products, they will withstand the most rigid check, ”CEO said.
According to explanations on Robinhood, private companies such as Openai and SpaceX are currently unavailable to trading. The cost of such assets is estimated by the internal methodology of the platform itself because they do not have a exchange rate.
The company also intends to bring tokenized securities to other markets, including the United States and the United Kingdom, but it depends on the approval of local regulators.
We will remind, in June Kraken and Coinbase received Mica licenses for work in the EU.
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