Robinhood’s OpenAI, Space X Tokens Aren’t Just A Gimmick—Here’s What’s Still To Come
Robinhood (NASDAQ:HOOD) is currently in talks with European Union regulators over its new tokenized equities offering, CEO Vlad Tenev confirmed. He said the firm “welcomes” regulatory scrutiny as part of launching what it sees as a major leap forward in democratizing financial access.
The stock trading app launched tokenized versions of over 200 publicly listed equities across Europe last week, giving users 24/5 access to U.S. stock exposure.
It also introduced non-tradable private stock tokens for OpenAI and SpaceX as part of a promotional giveaway, a first step toward what Tenev described as a broader vision: unlocking access to traditionally exclusive private markets for retail investors.
“We’re confident. We think these [products] are not only important, but they’ll withstand the highest form of scrutiny,” said Tenev. “We welcome the discussions with the regulators, as always.”
Also Read: Why You Should Keep An Eye …
About The Author
