Robinhood CEO downplays OpenAI concerns on tokenized stock structure

Key Points

In a CNBC interview Tuesday, Robinhood CEO Vlad Tenev defended the company’s OpenAI and SpaceX stock tokens, given concerns over how they’re structured.
Last week, OpenAI issued a warning that Robinhood’s stock tokens do not represent equity in the company.
“In and of itself, I don’t think it’s entirely relevant that it’s not technically an equity instrument,” Tenev said.

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