Openai accuses Robinhood of offering unauthorized tokens of his company

The artificial intelligence firm denies links with Robinhood, which launched tokens of private actions as part of its new offer in the EU.

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• OpenAI He clarified that he did not authorize the creation or sale of tokens that represent their share capital.
• Robinhood offers “Stock Tokens” that trace the price of shares, without real shareholding rights.
• The tendency to tokenize private actions gains land on platforms such as Robinhood and Republic

The artificial intelligence company known for the development of Chatgpt, OpenAi, strongly criticized Robinhood After the announcement that the latter would begin to offer tokenized versions of shares of private companies, including yours.

The claim of OpenAI He came to place in a message posted on his X account, where he was unhappy with Robinhood’s plans, ensuring that they never approved or participated in the issuance of these tokens.

“These ‘Openai’ tokens’ are not Openai actions. We do not collaborate with Robinhood, we do not participate in this and we do not support it. Any transfer of OpenAi actions requires our approval; we have not approved any transfer”the company wrote.

With these statements, the company directed by Sam Altman seeks to warn investors against possible misunderstandings that may arise, especially if users consider that the possession of these tokens grant them legal rights on the artificial intelligence company.

Robinhood It promotes the tokenization of private actions

The conflict originated after Monday, the CEO and co -founder of Robinhood, Vlad Tenev will announce the launch of a new product offer that includes Tokenized versions of shares of more than 200 private companies “Among them, OpenAI and the aerospace company of Elon Musk, Spacex— aimed at investors in the European Union.

These assets, called “Stock Tokens”are part of a package of innovations that also includes perpetual trading, staking in the US Blockchain layer 2, built on Arbitrum.

According to information published on the website of Robinhood, These tokens are derived contracts that follow the price of shares and ETFs publicly listed, but do not confer direct property. Are recorded in a network Blockchain and allow users to gain exposure to the US market without buying real shares.

Robinhood It is not the only platform that explores this new type of financial instruments. On June 25, the investment firm Republic He also revealed plans to offer tokens linked to artificial intelligence companies such as OpenAI and Anthropic. Its objective, according to the company, is Expand retail access to investment opportunities that were traditionally reserved for institutional capitals or large assets.

As is Robinhood, Republic He stressed that these tokens do not grant traditional shareholding rights, such as votes or dividends. However, they allow investors to potentially benefit from the appreciation of the value of these companies, since the tokens replicate the price of their internal actions.

This trend is part of a broader movement towards the “Financing on-Chain”in which the assets of the real world – from actions to real estate – are digitally represented and marketed on platforms Blockchain, offering greater liquidity and accessibility.

Regulatory doubts and legal controversies

Although tokenization promises to revolutionize access to private capital, it also raises important legal challenges. OpenAI He stressed that any transfer of its capital requires its explicit approval, suggesting that Robinhood It could be operating outside the conditions imposed by the issuing company.

So far, Robinhood has not issued a public response to the direct accusation made by OpenAI

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

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