💬 Robinhood CEO responds to the controversy over tokenized stocks from OpenAI, stating that they will continue to advance and expand the business.
Robinhood @RobinhoodApp CEO Vlad Tenev recently addressed the controversy surrounding the company's launch of #OpenAI tokenized stocks, stating that they will firmly push forward and expand this business.
Previously, OpenAI publicly opposed the tokenized product, claiming it did not authorize Robinhood to use its name, and the U.S. SEC also warned that tokenized securities must still comply with federal securities laws. In response, Tenev stated, "Becoming the first platform to tokenize these outstanding companies is an important milestone. Whenever you pioneer something meaningful, there will always be some controversy."
He also revealed plans to expand this model to thousands of private companies and integrate with the DeFi market.
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