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Robinhood CEO responds to OpenAI tokenized stock controversy, says it will continue to advance and expand business
Odaily News Robinhood CEO Vlad Tenev recently responded to the controversy caused by the companys launch of OpenAI tokenized shares, stating that it will firmly advance and expand this business.
Previously, OpenAI had publicly opposed the tokenized product, saying that it had not authorized Robinhood to use its name, and the U.S. SEC also warned that tokenized securities still need to comply with federal securities laws. In this regard, Tenev said: Becoming the first platform to tokenize these excellent companies is an important milestone. Whenever you create something meaningful for the first time, there will always be some controversy.
He also revealed plans to expand the model to thousands of private companies and integrate with the DeFi market. (Decrypt)
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