Openai blames Robinhood’s “Openai Tokens”
Openai wants to make it clear that “Openai Tokens” Robinhood sales do not give daily consumer fairness or stock at Openai. post X. Openai’s official newsroom account states that it does not support Robinhood’s efforts and is not involved in promoting token sales.
“These ‘Openai tokens’ are not fair for Openai,” Openai’s newsroom account said Wednesday. “We did not partner with Robinhood, did not engage in this, and did not support it. The transfer of OpenaiEquity requires approval. We did not approve the transfer. Please be aware.”
Openai’s statement is a response to Robinhood’s announcement earlier this week. SpaceX has begun selling so-called tokenized stocks from Openai Other private companies to the people of the European Union.
Robinhood said the launch represents an attempt to expose everyday people to the world’s most valuable private companies via blockchain, as well as to be fair. A few hours after the announcement of these token sales, Robinhood stock prices It was the best shot ever.
However, stocks from private companies such as Openai and SpaceX are not generally available. That’s why they keep them private. They sell stocks to their chosen investors.
Therefore, Openai openly denies Robinhood’s efforts.
In response to Openai’s accusations, Robinhood spokesman Rouky Diallo told TechCrunch that Openai Tokens is a part of a “limited” giveaway and a “limited” giveaway to provide indirect exposure to retail investors through “through ownership of Robinhood’s special purpose vehicle (SPV)”.
This suggests that Robinhood owns shares in SPV that manages a certain number of Openai stocks. Like tokens, shares in SPVs are not directly owned by the shares. They are ownership of the vehicle that owns the shares. In some way, Robinhood appears to be linking the price of the new tokenized product to Openai stock in its SPV. But share prices on An SPVs may also differ from the actual share price of the stockin the same way.
Robin Hood’s Help Center, The company notes that when purchasing any of the inventory tokens, “You are not buying actual stocks – you are purchasing a tokenization agreement following the price recorded on the blockchain.”
“It’s true that they’re not technically ‘fair’, but (…) tokens effectively give retail investors touching these private assets,” said Vlad Tenev, CEO of Robinhood. I’ll post it on x on wednesday. “Our presents have planted seeds for bigger ones, and since our announcement we’ve heard from many private companies that want to take part in the tokenization revolution.”
Openai declined to comment further. Robinhood did not respond to TechCrunch’s additional questions about SPV.
Private companies are known to oppose anything that could affect how their fairness is assessed. Humanoid Robotics Startup Diagram AI has submitted in recent months Stopping and imagination letters to two brokers It operates a secondary market where the company’s shares were sold. Of course, these situations are different, but most startups don’t want people to believe that they don’t approve of selling stocks.