In brief
- Robinhood CEO Vlad Tenev acknowledged that the company’s recent issuance of tokenized OpenAI stock garnered controversy, but nonetheless called the experiment a “big milestone.”
- OpenAI denounced the initiative, which it did not authorize, earlier this month.
- The tokenized stock let holders track the private company’s price, but did not offer OpenAI equity or voting rights.
Robinhood CEO Vlad Tenev conceded his company’s recent foray into offering tokenized stocks has been contentious, to say the least—but remained steadfast in his commitment to expanding the initiative.
“Being the first to actually tokenize those great companies is a big milestone,” Tenev told Decrypt in an interview Friday. “Of course, every time…
Jul 22 2025
