OpenAI denies partnership with Robinhood on stock tokens

Investing.com -- OpenAI stated Wednesday it has not formed a partnership with Robinhood (NASDAQ: HOOD) regarding the stock tokens that the trading platform introduced earlier this week.

Robinhood launched tokens on Monday that would give its customers in the European Union exposure to OpenAI and SpaceX.

In a post on X, OpenAI clarified: "These ’OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful."

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