🇺🇸 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 ...

JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global https://t.co/KKJFEg5ipT ...

🚨JUST IN: Robinhood CEO Vlad Tenev says "while it's true that they aren't technically equity," the Stock Tokens still give retail investors exposure to private assets like OpenAI and SpaceX.He adds many companies are eager to join the tokenization revolution. https://t.co/cKfKpdF5Vy ...

🚨 LATEST: OpenAI clarifies that "OpenAI tokens" are not legitimate equity, stating they did not partner with Robinhood and were not involved in any token creation. https://t.co/7FtjcQx9aV ...

⚡️ LATEST: JPMorgan explores turning carbon credits into digital tokens.Partnering with S&P Global, EcoRegistry, and the International Carbon Registry. https://t.co/u81oLKcRae ...

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 ...

RT Joe Weisenthal (@TheStalwart)This is really good from @matt_levine on tokenization.If we're totally cool with people trading equity in "private" companies, because it's on-chain, then eventually it seems possible that in the future we don't have IPOs or even standardized disclosure for any company at all. https://t.co/PdlK48fES4 ...

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 ...

OpenAI does not 'endorse' Robinhood tokenizing its private shares, AI studio says https://t.co/Dfi73KjIaQ ...