OpenAI Slams Robinhood's 'OpenAI Tokens': No Equity, No Partnership!
OpenAI has publicly distanced itself from "OpenAI tokens" being offered by Robinhood, making it clear that these tokens do not equate to owning part of OpenAI. The move by Robinhood, which suggested these tokens provided indirect ownership in OpenAI and SpaceX via a Special Purpose Vehicle (SPV), was discredited by OpenAI as misleading. This action hints at a broader concern among private firms against unauthorized stock trading practices.
Jul 3