🇺🇸 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 ...

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]

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

Today, shares of Robin Hood reversed course after surging to a new all-time high as the retail trading app's new crypto offerings seemed to oppress Wall Street and Circle's Dante Desparte discusses how the stablecoin issuer is moving forward on its mission to bring the tokens into the Trafi world. Welcome to CNBC's Crypto World. I'm Talia Kaplan.Crypto prices in the red as we kick off the month and the second half of the year. As of noon Eastern, Bitcoin dipped to the $15,000 level. Ether fell 2% but still ...

Such a banger by @chiantitrail with video receiptsFull thoughts on the whole equities on chain and what I’m thinking about trade / LP / etc wiseChianti Trail (@ChiantiTrail):The crew over at @BoDoggosENT continued the deep dive into @RaydiumProtocol and the tokenized equities on @solana this morning.A little 🧵(1/8) kicking off with @EasyEatsBodega walking the crew through the liquidity pool basics using @piovincenzo_ beloved $MSTR: https://t.co/GwaWKqeCM1 ...

RT Chianti Trail (@ChiantiTrail)The crew over at @BoDoggosENT continued the deep dive into @RaydiumProtocol and the tokenized equities on @solana this morning.A little 🧵(1/8) kicking off with @EasyEatsBodega walking the crew through the liquidity pool basics using @piovincenzo_ beloved $MSTR: https://t.co/GwaWKqeCM1 ...

Tokenized equities.Onchain IPOs. ...

Okay this is a big deal. I talked three weeks ago about how Kraken is tokenizing US stocks (Nvidia, Tesla etc) on Solana.They call them "xStocks" and they are a big step for crypto adoption & imo the real "internet capital markets".Pools have just been deployed on Raydium, where the liquidity for xStocks will live.Basically you can now swap these tokenized equities on-chain or provide liquidity in the pools.First big step in changing the way traditional financial markets work. 24/7, on-chainRaydium (@Raydiu ...

robinhood deploying on arbitrum instead of base tomorrow hits different than the $HOOD vs $COIN chart.orbit chain + $ROBIN yield = real tokenized equities playnot priced in yet. ...