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Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle
Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. Similar models have faced challenges, as seen with Linqto's bankruptcy, raising concerns about investor protections.
Robinhood Markets Inc. has launched Stock Tokens, an offering that blends traditional stock market investing with blockchain ...
The stock tokens give E.U. investors exposure to hundreds of U.S. stocks, as well as to private companies SpaceX and OpenAI.
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