Technically speaking, Robinhood tokens provide benefits, not interests, Vlad Tenev confirmed in a recent CNBC interviewbut supported by “Robinder’s ownership in special-purpose tools”.
Openai Warning early this month The tokens provided by Robinhood do not represent equity in the company, and any equity transfer requires the approval of Openai.
“Originally, I don’t think it’s technically stakeholder tool at all makes no sense,” Tenev said on CNBC. “It’s important that retail customers have the opportunity to access this asset.”
Robinhood is not the first platform to offer stocks to IPO companies through this model.
Linqto provides exposure to retail investors through dedicated vehicles that buy stocks in the secondary market Recently filed for bankruptcyraise exact questions about its clients (now creditors).
There are corrugated in the company (XRP)and its CEO Brad Garlinghouse, Distance has been made public Linqto’s ripples.
“Amid increasing suspicion, we no longer approve more Linqto purchases in the secondary market,” Garlinghouse tweeted in early July.
