Wednesday, July 30, 2025

Creating liberating content

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday

Dylan Field, co-founder and CEO of Figma, appears at the

NEW DELHI: As President Trump threatened to impose a penalty

Microsoft Chairman and CEO Satya Nadella speaks in front of

Related News

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday said it has had 263 ‘findings’ (lapses found during audits) across eight airlines in the last one year. Among big

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Figma, the

NEW DELHI: As President Trump threatened to impose a penalty on India for its trade ties with Russia, Indian officials reacted cautiously as they reiterated India’s position that securing energy

Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP |

NEW DELHI: The successful launch of the world’s most expensive and unique earth observation satellite NISAR, jointly developed by US and Indian scientists over a decade, has given a big

The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025.

Trending News

NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday said it has had 263 ‘findings’ (lapses found during audits) across eight airlines in the last one year. Among big

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media

The EU sanctions against Russia are expected to have significant implications for Indian refiners, according to a recent ICRA report.On July 18, the EU implemented its 18th sanctions package against

OpenAI says Robinhood’s tokens aren’t equity in the company

Word Count: 258 | Estimated Reading Time: 2 minutes


Jaque Silva | Nurphoto | Getty Images

OpenAI is distancing itself from Robinhood‘s latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.

“These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”

The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”

Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities, staking, and a new blockchain infrastructure play. The company’s stock surged above $100 to hit a new all-time high following the news.

“These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle,” a Robinhood spokesperson said in response to the OpenAI post.

Robinhood offered 5 euros worth of OpenAI and SpaceX tokens to eligible EU users who signed up to trade stock tokens by July 7. The assets are issued under the EU’s looser investor restrictions via Robinhood’s crypto platform.

“This is about expanding access,” said Johann Kerbrat, Robinhood’s SVP and GM of crypto. “The goal with tokenization is to let anyone participate in this economy.”

The episode highlights the dynamic between crypto platforms seeking to democratize access to financial products and the companies whose names and equity are being represented on-chain

U.S. users cannot access these tokens due to regulatory restrictions.

Robinhood hits record high as OpenAI, SpaceX go on-chain



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account