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ROBINHOOD’S Private capital tokens offering exposure to technological actions such as SpaceX and Openai have evoked regulatory control in Europe after Openai has raised concerns and said digital assets Do not represent the ownership of your own capital At CNBC reported July 7.
The Lithuanian bank, which serves as the primary regulator of Robinhood in the European Union, confirmed that it is looking for detailed clarification before assessing the legality of the products.
Central bank spokesman said CNBC:
“Only after receiving and evaluating this information will we be able to assess the legality and adherence to these specific tools.”
The controversy focuses on the recent announcement of Robinhood about expansion to tokenized securitiesIncluding plans to issue more than 200 tokenized US shares and ETF for European investors.
Broaching announced plans to launch its private capital token and the new blockchain layer 2 30.
Openai, however, distanced himself from the chips and warned investors that the so -called tokens of Openai Robinhood do not provide any own shares or direct property rights in society.
The review comes when financial institutions increase the efforts to capture the tokening market, which is awarded to more than $ 24 billion as of 30 June.
Although the tokenized private loan and the debt of the US Ministry currently dominate the sector, representing most of the value, the tokenized shares remain small, but but, but a potentially fast -growing segmentWith just $ 188 million in the current market share.
The main players, such as Blackrock and Franklin Templeton, also entered the tokenization space, released the tokenized funds of the money market, and explored the settlement based on blockchain to improve efficiency and transparency.
Despite optimism, legal and regulatory Uncertainties remain significant. Regulatory bodies and lawyers continue to discuss whether tokenized capital tools require complete registration of securities or whether structures similar to derivatives are sufficient to meet the standards of compliance in Europe and the US
For robinism, the regulatory probe in Lithuania could determine an important precedent, as mediation seeks to introduce its tokenization framework worldwide.
His recent presentation at the ETHCC conference in Brussels outlined plans for tokenization of a wide range of financial instruments, but the will emphasizes the gentle limit between innovation and investors on the rapidly developing digital active market.
