The tokenized capital offers for OpenAi offered to Robinhood users in Europe are not officially authorized by the company, the AI giant said in a publication on social networks.
“These ‘tokens openai’ are not Equity Openai. We do not partner with Robinhood, we were not involved in this and we did not support it,” OpenAi published in X. “Any opening equity transfer requires our approval, we do not approve of any transfer.”
Earlier this week, Robinhood announced that he would launch the trade of tokenized shares based on the referee’s block chain to its users in Europe. As Coendesk previously reported, users will have access to 200 shares and ETF, as well as a secondary capital market in new companies such as OpenAi and Spacex.
The idea of tokenized equity in public companies is nothing new.
In 2018, a blockchain startup called Swarm said it would soon offer tokenized shares in new companies, including Robinhood.
Coindesk reported at that time that many of the companies in the swarm said that it would offer capital in decline and said that this sale would not be authorized, but the swarm said that everything came from “approved secondary market transactions.”
Looking at Robinhood’s current tokenized offer, it is not clear where the source of equity is. It is speculated that equity represents interest in Operai actions that have already been acquired through authorized channels, based on comments made by the CEO of Robinhood.
Speculation:
During the presentation, Vlad specifically mentioned a relationship with a rich investor with OpenAi / Spacex shares.
These shares are probable are still under the name of the original investors (either an individual or an entity), which OpenAi already has … https://t.co/bfskadwf5o
– David Hoffman (@Trousssstate) July 2, 2025
Others have warned that Openai, and other new companies, would be within their rights not to honor the sale.
This highlights another risk on the side of the private company that I did not approach yesterday, but we often see in these secondary markets. There is no requirement for these companies to honor the sale of the heritage that he thinks he possesses; In fact, I said recently at a private conference that I … https://t.co/nyzhjfgxwv
– Rob Hadick ＞ | ＜ (@hadickm) July 2, 2025
“I hope this natural tension results in more private companies simply canceling capital sales completely for those who violate the agreements of their shareholders,” Rob Hadick, a general partner of Dragonfly, published in X, published in X.
Robinhood did not respond to a request for comments from Coindesk.
