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Robinhood faces review in EU over tokenized OpenAI, SpaceX shares - CNBC
The Bank of Lithuania has launched a probe into Robinhood’s (NASDAQ:HOOD) new blockchain-based “Stock Tokens,” following concerns raised by OpenAI over their association with the tokens. The central bank confirmed to CNBC on Monday that it had reached out to Robinhood for further details on the structure and marketing of tokens linked to private companies like OpenAI and SpaceX.
Robinhood Markets saw its share price climb nearly 26% over the past month, driven by its expansions into tokenized equities.
Most notably, the company introduced tokenized stocks, which are essentially blockchain-based equity derivatives allowing the ...
Robinhood CEO Vlad Tenev said tokenization could solve the issue of liquidity "by tapping into a global network of hundreds ...
Cryptopolitan on MSN20h
OpenAI denies any connection to Robinhood’s new productRobinhood is now facing heat from European regulators after OpenAI said it wants nothing to do with the company’s new stock ...
With stock tokens, a custom blockchain, and crypto-powered futures, Robinhood is laying the foundation for a 24/7 financial ...
Shares of Robinhood Markets are trading lower Thursday morning. The stock is retreating from a new all-time high set just a ...
The stock has surged over 30% since being passed over for the S&P 500, driven by renewed confidence in its growth strategy. At a Riviera event, CEO Vlad Tenev outlined Robinhood's plan to merge crypto ...
CEO Vlad Tenev made a public announcement that the company was developing a blockchain called the Robinhood Chain.
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