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OpenAI Issues Statement on Unauthorized Coins in Circulation

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by Giorgi Kostiuk

4 hours ago


On July 3, 2025, OpenAI made a public statement clarifying that circulating OpenAI coins do not represent company shares.

OpenAI Denies Rumors of Partnership with Robinhood

OpenAI clarified that it does not partner with Robinhood and did not approve the issuance of these coins. The statement emphasized that transferring OpenAI shares requires explicit approval from the board of directors, which has not been granted.

Measures to Protect Investors and Shareholders

The company highlighted that transactions affecting capital changes must undergo stringent internal audits. OpenAI reminded that 'share transfers cannot be executed without our approval,' emphasizing the importance of investor protection.

Caution Regarding Fake Offers

OpenAI urged investors to thoroughly scrutinize any potential counterfeit coin offerings, warning of fraud risks. 'New asset issuances using our name can be dangerous,' they added in the statement.

In the concluding section, OpenAI reiterated that no transfer of shares will occur without board approval, clearly disassociating from the circulating coins.

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