OpenAI announced that the tokenized equity offerings available on Robinhood are unauthorized and not endorsed by the company. In a statement, OpenAI emphasized that any transfer of their equity requires prior approval, which was not granted in this case. The tokenized stock trading launched by Robinhood in Europe allows users to trade equities and ETFs, but the exact equity representation for companies like OpenAI is unclear. Experts caution that private firms may refuse to honor these unauthorized sales. Previously, similar situations have arisen with blockchain startups, highlighting the tension between private companies and secondary market transactions. Robinhood's CEO indicated that the equity represented involves shares acquired through authorized channels, but some professionals believe OpenAI and similar firms are entitled to invalidate such sales to protect their shareholder agreements. Robinhood did not respond to inquiries for further comments on the matter.

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