Robinhood spokesperson: By indirectly holding OpenAI through a certain SPV, the price of OpenAI tokens is linked to the value of the shares held by the SPV

Odaily Planet Daily News: In response to OpenAI's urgent refutation that it has not authorized Robinhood and stated that the so-called "OpenAI token" is not OpenAI equity, a Robinhood spokesperson stated that OpenAI token will provide investors with the opportunity to indirectly invest in OpenAI through Robinhood's ownership in the SPV. This means that Robinhood does not directly hold OpenAI shares, but indirectly holds shares through a certain SPV, and then links the price of OpenAI token to the value of OpenAI shares held by the SPV. At present, Robinhood, Bybit, and Kraken, the three trading platforms, have not launched tokenization services for US customers. Coinbase has submitted a pilot application to the US Securities and Exchange Commission (SEC) to provide stock tokenization trading services to US customers, which is currently awaiting approval from the SEC. (Caixin Network)