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OpenAI Condemns Robinhood’s “OpenAI Tokens” Amidst Equity Concerns
Jul 3, 2025

OpenAI Condemns Robinhood’s “OpenAI Tokens” Amidst Equity Concerns

Curated by · TechCapsules ·

AI-summarised brief · reviewed before publication

In a recent statement, OpenAI, a leading artificial intelligence company, has categorically condemned Robinhood's sale of "OpenAI tokens", emphasizing that these tokens do not represent equity or stock in OpenAI. The company made it clear that it did not partner with Robinhood, was not involved in facilitating the token sale, and does not endorse the effort. According to OpenAI's official newsroom account on X, the company stated, "These 'OpenAI tokens' are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful." This disavowal comes in response to Robinhood's announcement earlier this week, which revealed plans to sell tokenized shares of OpenAI, SpaceX, and other private companies to individuals in the European Union. Robinhood claims that this move aims to provide everyday people with exposure to equity in the world's most valuable private companies via blockchain. Following the announcement, Robinhood's stock price surged to an all-time high. However, OpenAI's statement serves as a warning to investors, reiterating that the company has not authorized any transfer of equity and that these "OpenAI tokens" do not represent actual equity in the company.

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