Robinhood Markets' (HOOD 4.36%) stock-trading and investing platform has grown in popularity with retail investors in recent years. The company, which simplified trading with its app and offered its users the ability to buy and sell stocks and other assets with no commission fees, had more than 25 million funded accounts on its platform in 2024 versus just 10 million five years ago. But Robinhood isn't content with the status quo, and it's always looking for ways to expand and generate more growth. Its late ...

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 ...

Hey, got Robin Hood stock now up nearly 10% on the day after the company unveiled here in can a sweeping new crypto expansion, including tokenized shares of Open AI and SpaceX for European users. Now, the company is giving out free tokens of both to all EU customers as part of the launch. It's part of what may be Robin Hood's most ambitious move yet, a broad set of new features aimed at turning its app into a global crypto investment platform.The biggest shift is happening here in Europe where Robin Hood wi ...