OpenAi said on July 2 that digital tokens act under his name on the new Blockchain platform of Robinhood Don’t represent open capacity and were mentioned without the company’s permission.
In a statement on X, the developer of artificial intelligence wrote:
“These ‘OpenAi -Tokens’ are not opened capacity. We did not collaborate with Robinhood, were not involved in this and do not endorse it. Every transfer of OpenAI -own capacity requires our approval -we have not approved a transfer.”
The company asked investors to ‘be careful’ and to emphasize that every stock movement in the private company must be approved by its board.
Tokenized-Stock Pilot Traces Confusion
The comment from OpenAi follows the Robinhood event on 30 June in Cannes, France, where CEO Vlad Teev demonstrated a tokenized stock trade for an “openi” position on the upcoming Layer -2 blockchain of the broker.
Robinhood said that the network, built with arbitrum technology, will have more than 200 US shares and listed funds traded 24/7, forced without committees or spreads. The shares are converted In on-chain tokens For transfer and settlement.
The presentation helped Robinhood’s Class-A shares with around 11% to a record of $ 92, which expanded Rally of around 34% for a month.
MarktChatter soon started to treat the demo activity as de facto openi -needed ability, despite the fact that the company stays private.
Push to Tokenized Shares
Robinhood’s initiative arrives in the midst of a broader campaign to move conventional shares to public block chains.
At the end of June, Dinari won broker dealer registration For a subsidiary, the positioning of the OM to distribute his tokenized “dshares” into American brokers after completing sec on -downing.
The company already gives blockchain-recorded shares to non-American users on the basic network of Coinbase and states that future transactions will arrange on a public chain, while orders are routed by registered market centers.
Kraken has since been launched A 24/7 platform for tokenized US sharesand Coinbase has asked for the SEC approval To roll out a similar service.
Proponents claim that placing shares on the chains that clean up reimbursements reduces the settlement times to almost real -time and continuous trade.