OpenAI publicly stated that the sale of 'OpenAI tokens' by Robinhood does not equate to equity in the company. OpenAI clarified that it has not authorized any transfer of equity and is not involved in Robinhood's actions. The company emphasizes that stock in private firms like OpenAI and SpaceX is not available for public purchase, confirming their private status. In response to OpenAI's statement, Robinhood claimed the tokens offered indirect exposure to equity through a special purpose vehicle.
These 'OpenAI tokens' are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.
OpenAI's statement is a response to Robinhood's announcement earlier this week that it would started selling so-called tokenized shares of OpenAI, SpaceX, and other private companies to people in the European Union.
Robinhood's effort represents an attempt to give everyday people exposure to equity in the world's most valuable private companies via blockchain.
Stock in private companies like OpenAI and SpaceX are not available to the public. That's what makes them private. They sell shares to investors of their choosing.
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