X @s4mmy

Tokenization & Valuation - Robinhood established a token tracking OpenAI's valuation in private markets, similar to tokens for other public companies [1] - The token is not necessarily backed by underlying assets like private share certificates [1] - A counterparty might be taking directional risk on the private shares [1] Risk Assessment & Market Impact - The statement from OpenAI is a precautionary measure [1] - The situation is not considered a significant issue [1]