Robinhood CEO responds to OpenAI giveaway concerns, saying tokens ‘aren’t technically equity’


Description

Robinhood CEO Vlad Tenev addressed criticism over the company's OpenAI and SpaceX token giveaway, clarifying that the tokens “aren’t technically equity” but still offer retail exposure to private assets. The move faced backlash after OpenAI distanced itself from the promotion.

Publish date

July 3, 2025