Robinhood has begun offering tokenised shares in private companies, sparking backlash from OpenAI as one of the targeted firms. During an event in Cannes on Monday, Robinhood co-founder and CEO Vlad Tenev displayed what he described as “stock tokens” for OpenAI and SpaceX. The move forms part of Robinhood’s European expansion, which also includes offering more than 200 tokenised shares of publicly-traded US stocks to EU users.
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