Robinhood CEO Describes OpenAI Stock Tokenization as 'Seeds of Revolution', Denial of Partnership Causes Stir

2025/07/04 10:28 (Updated 2025/07/04 13:01)
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Written by L.Kikutani
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Robinhood CEO Describes OpenAI Stock Tokenization as 'Seeds of Revolution', Denial of Partnership Causes Stir

CEO's Rebuttal

On the 3rd, Robinhood's CEO Vladimir Tenev described the OpenAI stock tokenization service as 'the seeds of something much bigger.' On platform X, he posted that 'many unlisted companies are eager to join the tokenization revolution,' explaining that while tokens are technically not stocks, they do offer investment opportunities to individual investors. Tenev's remarks came in response to a statement from OpenAI. On the same day, OpenAI issued a denial, stating, 'There is no partnership with Robinhood, and we are not involved in nor do we endorse this service.' This clear rejection has cast doubts on the legitimacy of the stock token service Robinhood launched this week.

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Iolite Vol.15

Iolite Vol.15

September 2025 issueReleased on 2025/07/30

Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.