Lithuania's central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week."We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the related consumer communication," Bank of Lithuania spokesman Giedrius Šniukas told CNBC via email."Only after receiving and evaluating this information will we be able to assess the legality and complianc ...

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]

solana ecosystem convergence accelerating across multiple vectorsREX-Osprey staking ETF launches Wednesday under $SSK ticker. America's first staking ETF ever. Bloomberg pegs spot ETF approval at 95% by October 10 deadline.xStocks tokenized equities went live through https://t.co/HAlU8srtkr. $1.5M volume from 1,500+ participants trading 55+ major stocks (NVDA, TSLA, MSTR) 24/7 on Raydium/Jupiter. backed 1:1, full DeFi integration.Nikita Bier appointed X Product Head. former SOL advisor who built DUPE protoc ...

Robinhood expands into tokenized equities and crypto perp futures, plans Layer 2 blockchain with Arbitrum https://t.co/A6lIYb77qY ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...