Vlad Tenev says Robinhood’s OpenAI and SpaceX “stock tokens” are derivatives, not equity, after Sam Altman’s artificial intelligence company slammed the move.
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Robinhood CEO says OpenAI and SpaceX ‘stock tokens’ are derivatives rather than equity after pushback from Sam Altman’s firm
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Vlad Tenev, CEO of Robinhood, defended the tokenized shares by acknowledging they are derivatives, not equity and said they offer retail investors simulated exposure to private companies
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