X @s4mmy

This doesn’t make sense.Don’t they have to back it by the underlying asset, aka the private share certificates?Or is a counterparty taking directional risk on the private shares?amit (@amitisinvesting):@OpenAINewsroom for anyone freaking about this, it’s not a big dealOpenAI is putting out this statement to be safe because they have tobut all robinhood did was establish a token that tracks the valuation of openai on the private marketssimilar to the tokens for all the other 200 public ...