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Critics warn that Robinhood's tokenization strategy could test legal boundaries and attract heightened regulatory scrutiny
Robinhood's tokenized stock offering has raised regulatory concerns in Europe, especially under MiCA's transparency requirements
Robinhood structures its stock tokens through a special purpose vehicle (SPV) to offer indirect exposure, but experts argue the tokens function as unbacked derivatives

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Robinhood faces backlash over OpenAI equity tokens

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