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27 posts • OpenAI (o3)
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Are you caught up on the emerging FAKE EQUITY DEBACLE? So, ICYMI, there's a heated dispute going on between the likes of Elon Musk and Sam Altman over whether Robinhood's new Europe-focused tokenized equities are real equities or not. To generate these contracts Robinhood uses
BREAKING NEWS - A PARTY POOPER SHOWED UP: OpenAI rejects Robinhood's stock tokens, warns of unauthorized equity claims While Vlad Tenev says that $1 million worth of OpenAI tokens had already been transferred to Robinhood Europe for later distribution.
🇺🇸 Robinhood CEO Vlad Tenev: "OpenAI and SpaceX tokens are derivatives backed by SPVs, not actual company shares" 👀
Robinhood CEO Vlad Tenev said that OpenAI and SpaceX tokens are derivatives supported by special purpose carriers (SPVs) rather than actual company shares.
Today, Openai officially said that the “openai token” on Robinhood is not an OpenAI share; many people think Robinhood is falsifying it. Actually, no. In the private equity secondary market, many times the shares of unlisted companies that are transferred are not direct shares, but LP shares of investment funds behind unlisted companies (usually SPV structures, which correspond to real shares, and GP exercises the relevant rights). The transfer of these equity shares does not require the company's official
Are you caught up on the emerging FAKE EQUITY DEBACLE? So, ICYMI, there's a heated dispute going on between the likes of Elon Musk and Sam Altman over whether Robinhood's new Europe-focused tokenized equities are real equities or not. To generate these contracts Robinhood uses
The Daily: Robinhood CEO clarifies OpenAI 'stock tokens' after Sam Altman firm slams move, Strategy faces bitcoin-related lawsuit, and more
What's new? 🔹Crypto majors green; BTC at $109.5K 🔹@OpenAI disputes Robinhood’s tokenized stock claims 🔹@BlackRock's IBIT ETF drives more fees than its S&P ETF 🔹Solana staking ETF launches, sees $33M in volume on day one 🔹@coinbase acquires Liquifi token management 🔹SBET &
