🇺🇸 NEW: Financial industry group SIFMA urges SEC to reject requests for exemptive relief allowing crypto tokenized equities trading.They argue such structural changes should go through proper notice and comment processes rather than immediate no-action relief. https://t.co/11fCxAbg99 ...

Inside the Controversy Brewing Over Robinhood’s Tokenized Stocks► https://t.co/JeFWIn0s6B https://t.co/JeFWIn0s6B ...

OpenAI publicly stated on Wednesday that the so-called "OpenAI tokens" offered by Robinhood Markets, Inc. HOOD are not OpenAI equity and clarified it has no partnership or involvement with Robinhood regarding the product. The Details: OpenAI Newsroom said in a post on X that any transfer of its equity requires company approval, which was not granted in this case, and advised users to be cautious. "These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and ...

Group 1 - OpenAI has distanced itself from Robinhood's offering of tokenized shares, clarifying that these "OpenAI tokens" are not actual equity and that they did not partner with Robinhood [1] - OpenAI emphasized that any transfer of its equity requires approval from the company, which was not granted in this case, and advised users to exercise caution [1] - Robinhood launched the tokenized shares as part of a broader product showcase, which contributed to a surge in its stock price, reaching an all-time high above $100 [1] Group 2 - A Robinhood spokesperson stated that the tokens provide retail investors with indirect exposure to private markets, facilitated by Robinhood's ownership in a special purpose vehicle [2]

The Daily: Standard Chartered sees bitcoin waking up to $135K when September ends, Robinhood deploys over 200 tokenized stocks, and more https://t.co/ixKqpF0O0X ...

Financial industry group pushes back on tokenized equities, urges SEC to reject crypto firms' exemptions https://t.co/YV1pcDuLDi ...

ARBITRUM x @RobinhoodAppTokenized Stocks are just Phase 1.Today, @ajwarner90 says:"Assets are all minting and burning on Arbitrum One and trading."Soon?"They're going to be transitioning to the Robinhood chain, which the Arbitrum Orbit stack is going to power."Results 👀- 10% of Sequencer Profits → @arbitrum DAO- Self-Custody and Composability- DeFi Integrations for Tokenized Stocks"In 10 years, we're all just going to call it finance."Full Cannes interview with @TrustlessState & @ajwarner90 at #ToCatchAToke ...

YZi Labs-backed BounceBit joining tokenized stock trend in Q4 https://t.co/iBbTZL0EWv ...

Robinhood pays $5 in transaction fees to deploy 213 tokenized stock contracts on Arbitrum https://t.co/YNQwGLz1Lu ...

RT caitlin (@caitlinxyz)Attended Robinhood’s crypto event in person on Monday. The guest list alone said a lot: protocol founders side by side with Apollo and Jane Street.Be excited, be fearful.It’s historically been rare to see a company that credibly bridges both sides of the aisle: crypto-native and traditional. Today, Robinhood speaks fluently to both, a powerful position in today's market.While many of the product announcements were expected (US staking, tokenized stocks, perps, their own chain), what ...