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Crypto Is Powering Robinhood Stock's Surge

Insider on MSN · 10h

Robinhood has rolled out 'tokenized' stocks and ETFs. Here's what to know about the crypto-like assets.

Robinhood said users in Europe could trade tokenized versions of popular stocks, including shares of private companies like OpenAI. Here's what to know.

TheStreet on MSN · 1d

OpenAI's warning sparks EU review of Robinhood's stock token

OpenAI's warning over token misuse prompts EU regulators to investigate Robinhood's stock token offering. The Bank of Lithuania, which regulates Robinhood on behalf of the European Union, has begun an investigation into the company's newly announced tokenized equity products related to OpenAI and SpaceX.

How Crypto Is Powering Robinhood Stock's Surge

Most notably, the company introduced tokenized stocks, which are essentially blockchain-based equity derivatives allowing the trading of over 200 U.S. stocks

Stocktwits on MSN10h

Robinhood CEO Reportedly Defends OpenAI, SpaceX Tokens – Says Equity Is Not ‘Entirely Relevant’

CEO Vlad Tenev defended the firm's tokenized stock offerings of OpenAI and SpaceX, responding to mounting criticism over ...

1d

OpenAI Warns Investors About Robinhood’s Crypto Token Launch: ‘No Equity Transfer Approved’

Robinhood’s stock hit record highs with its crypto token launch, but shares slid after OpenAI denied involvement, warning the ...

3hon MSN

SoFi Offers Exposure to OpenAI and SpaceX Through New Private-Market Funds

SoFi Technologies said it's adding new private-market funds offering exposure to startups like OpenAI and SpaceX.

Robinhood CEO Wants 'Thousands' of Private Companies Tokenized on Platform

OpenAI denounced Robinhood’s offering of its private stock as a crypto token, but the trading app wants to add thousands more ...

1d

Robinhood’s OpenAI, SpaceX private equity tokens face EU scrutiny

Robinhood’s “private equity” tokens for OpenAI and SpaceX are under EU regulatory review after warnings that they do not ...

4d

How Robinhood is causing trouble with fake OpenAI and SpaceX shares

Robinhood brings tokenized shares in SpaceX and OpenAI to Europe – without the companies' consent. Is this democratization or ...

6don MSN

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

CNBC’s MacKenzie Sigalos reports from Cannes on Robinhood’s boldest crypto move yet — launching tokenized shares of OpenAI ...

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