Robinhood CEO downplays OpenAI concerns on tokenized stock structure
Robinity CEO Vlad Tenev said that the trading platform’s so -called marked shares of Openai and SpaceX are not “completely relevant” in companies.
Openai comes after increasing concerns about the product designed to enable users in the European Union to be exposed to various US stocks, including private companies that are less liquid than public companies.
Openai warned that Robinhood’s stock coins did not represent the equity in the company last week and in an article on X, “Openai requires any transfer of any transfer – we did not approve any transfer.”
Robinhood said Openai stock tokens were “activated by Robinhood’s ownership stake in a special purpose vehicle”.
CNBC’nin “Squawk Box Europe” on Tuesday with Tuesday, Robinhood founded in 2013, Repeating Openai’s concerns, reflecting his first reaction, “It is true that these are not technically equal.” He said.
Tenev said that Openai’s complex company structure enables corporate investors to be exposed to the company through various instruments such as equality in the event of an unmissable transformation at a later date “.
Openai was initially established as a non -profit organization. However, since then, it has developed to include a non -profit -free asset.
“I do not think it is completely relevant that it is not a tool for an equivalent tool,” he said. “The important thing is that retail customers have the opportunity to be exposed to this asset” – even if it is a private company – because of the destructive nature of artificial intelligence.
On Monday, Lithuania Bank, Robinhood’s leading authority in the European Union, said CNBC that Openai expects “explanations” about the structure of the company’s stock coins after Openai’s announcement last week.
“After receiving and evaluating this information, we will be able to evaluate the legality and compatibility of these specific tools,” Lithuania Bank spokesman Giedrius šniukas said. He said. “Investors’ information should be provided in a clear, fair and irrelevant language.”
Tenev said that Lithuanian organizer was happy to continue to answer questions from our regulators “.
“Since this is something new, the organizers will want to look at it, and we have built it in a way we believe that it will rely on this program – and we hope to examine it as a great, innovative player in this field.”
