Robinhood CEO downplays OpenAI concerns on tokenized stock structure
1. Robinhood's tokenized shares lack technical equity, per CEO Vlad Tenev. 2. OpenAI raises concerns about these tokens, requiring approval for equity transfers. 3. Bank of Lithuania is clarifying the legality of Robinhood's stock tokens. 4. Tenev emphasizes retail access to private company assets is crucial. 5. Regulatory scrutiny is expected, but Robinhood asserts confidence in compliance.