Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Crypto

OpenAI Warns Against Unauthorized Tokenized Equity Sales on Robinhood

by Team Lumida
July 3, 2025
in Crypto
Reading Time: 4 mins read
A A
0
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

"Dota2 OpenAI戰隊打敗人類原因曝光 AI還是靠「作弊」取勝" by steamXO is licensed under CC PDM 1.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com

  1. Unauthorized Sales: OpenAI has stated that tokenized equity offerings on Robinhood’s platform are unauthorized and not endorsed by the company.
  2. Robinhood’s Tokenized Trading: Robinhood recently launched tokenized stock trading in Europe, including equity in private companies like OpenAI and SpaceX, but the source of these equities remains unclear.
  3. OpenAI’s Position: OpenAI emphasized that any transfer of its equity requires company approval, which was not granted for these tokenized offerings.
  4. Legal and Market Risks: Experts warn that private companies like OpenAI are not obligated to honor unauthorized equity sales in secondary markets, posing risks to investors.
  5. Speculation on Equity Source: There is speculation that the tokenized equity may represent shares acquired through secondary market transactions by private investors, though this remains unverified.

What Happened?

OpenAI issued a public statement warning that “OpenAI tokens” being offered on Robinhood’s platform are not legitimate equity in the company. The AI giant clarified that it has not partnered with Robinhood and did not approve any transfer of its equity.

Robinhood recently introduced tokenized stock trading on the Arbitrum blockchain for its European users, offering access to 200 equities and ETFs, including shares in private companies like OpenAI and SpaceX. However, the source of these equities is unclear, raising concerns about their legitimacy.

Industry experts have highlighted the risks of secondary market transactions for private company shares, noting that companies like OpenAI are not required to honor such sales if they violate shareholder agreements.


Why It Matters?

The controversy underscores the legal and regulatory challenges surrounding tokenized equity trading, particularly for private companies. For investors, the lack of transparency about the source of these equities poses significant risks, as unauthorized sales may not be recognized by the issuing companies.

For OpenAI, the incident highlights the need to protect its intellectual property and shareholder agreements in an era of increasing financial innovation. The case also raises broader questions about the oversight of tokenized trading platforms like Robinhood.


What’s Next?

Robinhood has yet to respond to OpenAI’s statement or clarify the source of the tokenized equities. Analysts expect increased scrutiny of tokenized equity offerings, with potential regulatory action to ensure transparency and investor protection.

Investors are advised to exercise caution when participating in secondary markets for private company shares, as unauthorized transactions may carry significant legal and financial risks.

Source
Previous Post

US June Jobs Report Expected to Show Slower Hiring and Rising Unemployment Amid Policy Strains

Next Post

Del Monte Foods Files for Bankruptcy Amid Post-Pandemic Demand Decline and Debt Burden

Recommended For You

Gold, Bitcoin Surge on Global Debt Concerns

by Team Lumida
24 hours ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Key Takeaways Powered by lumidawealth.com Gold and Bitcoin hit fresh highs as investors rotate into “debasement” hedges amid rising fiscal concerns across major economies (U.S., Japan, Europe). The yen...

Read more

Bitcoin Climbs to $120K as Safe‑Haven & ETF Flows Drive Rally

by Team Lumida
4 days ago
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Key Takeaways Powered by lumidawealth.com Bitcoin rose to about $120,000, the highest since its recent record, extending a six‑day rally and gaining ~10% since last Friday. Week‑to‑date spot‑ETF inflows...

Read more

Robinhood CEO: Tokenization a “Freight Train” That Will “Eat” Finance

by Team Lumida
5 days ago
Robinhood CEO: Tokenization a “Freight Train” That Will “Eat” Finance

Key Takeaways Powered by lumidawealth.com Robinhood CEO Vlad Tenev says tokenization of real‑world assets will rewire finance, expanding the addressable market from low‑single‑digit trillions to potentially tens of trillions...

Read more

Visa Tests Pre-Funded Stablecoins for Cross-Border Payments

by Team Lumida
7 days ago
blue and white visa card on silver laptop computer

Key Takeaways Powered by lumidawealth.com Visa is piloting Circle’s USC (USD) and EURC (EUR) stablecoins within Visa Direct to let FIs/remittance providers fund global accounts in real time and...

Read more

QNB Adopts JPMorgan’s Blockchain Platform for USD Payments

by Team Lumida
1 week ago
Tax-Loss Harvesting Surge: JPMorgan’s $15 Billion Windfall

Key Takeaways Powered by lumidawealth.com QNB switched its Qatar-based USD corporate payments to JPMorgan’s Kinexys Digital Payments, enabling 24/7 processing with near‑instant settlement (as fast as ~2 minutes). Kinexys...

Read more

A $500B Tether Would Make Its Owners Ultra‑Wealthy

by Team Lumida
2 weeks ago
icon

Key Takeaways Powered by lumidawealth.com Tether is reportedly seeking $15–$20 billion for ~3% equity, implying an approximate $500 billion valuation if top‑end targets are met. At that valuation, chair...

Read more

Tether Seeks Up to $20B at ~$500B Valuation

by Team Lumida
2 weeks ago
a close up of a pile of crypt coins

Key Takeaways Powered by lumidawealth.com Tether is pursuing $15–$20B in a private raise for roughly a 3% stake, implying an ~ $500B valuation — on par with the largest...

Read more

Crypto Liquidations Wipe Out $1.5B

by Team Lumida
2 weeks ago

Key Takeaways Powered by lumidawealth.com $1.5 billion of leveraged positions were liquidated after a sharp, partly unexplained sell‑off that hit Ether hardest (down as much as ~9% intraday). Roughly...

Read more

Cryptocurrencies Sink as $1.5 Billion in Bullish Bets Wiped Out

by Team Lumida
2 weeks ago
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Key Takeaways Powered by lumidawealth.com Over $1.5 billion of leveraged long positions were liquidated in a sharp crypto selloff; more than 407,000 traders were liquidated in 24 hours. Ether...

Read more

White House Weighs New Candidates as CFTC Nomination Stalls

by Team Lumida
3 weeks ago
White House, Washington DC

Key Takeaways Powered by lumidawealth.com The White House is considering additional candidates to chair the Commodity Futures Trading Commission after the nomination of Brian Quintenz stalled. Potential picks include...

Read more
Next Post
Del Monte Foods Files for Bankruptcy Amid Post-Pandemic Demand Decline and Debt Burden

Del Monte Foods Files for Bankruptcy Amid Post-Pandemic Demand Decline and Debt Burden

Del Monte Foods Files for Bankruptcy Amid Post-Pandemic Demand Decline and Debt Burden

Del Monte Foods Files for Bankruptcy Amid Post-Pandemic Demand Decline and Debt Burden

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Nvidia CEO Jensen Huang Sells $169M in Shares Amid AI Boom

Nvidia Plans Shanghai R&D Center to Navigate U.S.-China Tech Tensions

May 17, 2025
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

DOGE, XRP, SOL Show Signs of Bottoming as Bitcoin Holds $105K Amid Trade Tensions

June 2, 2025
SEC Approval Boosts Crypto Funds: $1.2B Invested in a Week

Bitcoin Hits Record High But Options Show Trader Caution

December 17, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018