Robinhood announced the availability of tokenized shares of OpenAI and SpaceX for EU users, incentivizing early onboarding with a 5 euros token gift. Following this announcement, Robinhood's shares surged almost 13%. However, OpenAI responded negatively, clarifying that these tokens are not representative of OpenAI equity, nor did they partner or endorse Robinhood's actions. Robinhood explained that these tokens offer indirect exposure to OpenAI through a special purpose vehicle, not direct equity in OpenAI.
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.
The OpenAI tokens giveaway is part of a campaign to give investors indirect exposure to OpenAI through Robinhood's ownership stake in a special purpose vehicle.
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