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SoFi Technologies said it's adding new private-market funds offering exposure to startups like OpenAI and SpaceX.
Robinhood said users in Europe could trade tokenized versions of popular stocks, including shares of private companies like OpenAI. Here's what to know.
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Stocktwits on MSNRobinhood CEO Reportedly Defends OpenAI, SpaceX Tokens – Says Equity Is Not ‘Entirely Relevant’CEO Vlad Tenev defended the firm's tokenized stock offerings of OpenAI and SpaceX, responding to mounting criticism over their structure and investor representation. During a Tuesday interview with CNBC,
In just the past 12 months, shares of Robinhood are up more than 310%. Despite that upward move, it could still be a good stock to invest in if you're bullish on crypto. And given its popularity with retail investors, it's a solid way to invest in the market's long-term growth.
Robinhood, the US-based financial services company, introduced stock tokens that would allow retail investors in Europe to get a slice of the price movements of both public and private companies in the US.
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Robinhood stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.
Robinhood launches tokenized U.S. stocks, giving EU users easier access to top assets like Apple, Nvidia, and OpenAI.
Tokenised stocks—a product introduced by online brokerage firm Robinhood in Europe on June 30—allow users in the European Union (EU) to gain exposure to price movements of US-listed public and private companies,
Robinhood CEO confirms talks with EU regulators over new tokenized equities offering. Company believes it will democratize access to private markets.