OpenAI has officially denied any connection to the tokenized equity promoted by Robinhood, emphasizing that the tokens do not represent shares in the company.
OpenAI's Statement on Tokens
In a statement made on July 2, 2025, OpenAI clarified that it had no involvement in the creation or distribution of the so-called 'OpenAI tokens' referenced in Robinhood's campaign. The release noted: 'We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.'
Clarification from Robinhood
In response to OpenAI's rejection, Robinhood's CEO Vlad Tenev posted a clarification stating that the promoted tokens were not intended to represent actual equity. He mentioned: 'At our recent crypto event, we announced a limited Stock Token giveaway on OpenAI and SpaceX to eligible European customers. While it is true that they aren’t technically “equity,” the tokens effectively give retail investors exposure to these private assets.'
New Services from Robinhood
Robinhood, known for its crypto services, introduced stock tokens alongside other offerings such as perpetual trading and staking. Perpetual trading allows users to make leveraged bets on crypto prices, while staking enables them to lock up tokens to help secure blockchain networks and earn rewards.
In light of recent developments, OpenAI emphasizes its lack of ties to Robinhood's tokenized equity, while the platform continues to expand its services in the cryptocurrency market.
