Robinhood CEO acknowledges OpenAI crypto stock ‘controversy’—but is doubling down

Robinhood CEO Vlad Tenev acknowledged the controversy surrounding the company’s tokenized stock of OpenAI, which was not authorized by the AI company. Despite this, he emphasized the significance of being a pioneer in tokenization.

Following the rollout, the SEC issued a reminder to comply with securities laws. Tenev aims to extend offerings to thousands of companies, viewing the tokenization of assets as a transformative opportunity.

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