Robinhood made OpenAI tradable… but is it legit

Good evening, ladies, gentlemen and crypto degenerate.

Live reporting from the heart of action (my table) – We have just confirmed two new events in stories that are already covered this week.

It’s a conversation about the city (Group Chats) Currently, and here’s what you need to know:

1/ ETF gray

On Wednesday, We told you DIC approved Greyscale’s new crypto etf It contains Bitcoin,, Ethereum,, Saltworks,, Xrpand Cardano.

Well, they approved it technical… but then put “staying” on it, which means gray color I still can’t run Etf.

Analyst Bloomberg ETF -a Eric Balchunas thinks sec just wants to complete the rules of Crypto ETF before letting this go live.

So the situation: Approved in theory, it does not happen in practice. For now.

2/ OPENAI Vs. Robinhood

On Tuesday, We talked o Robinhood launch of tokenized American shares and ETF in Europe.

What we didn’t stand out at the time was that Some of these tokens represent private supplies – companies you can’t invest in if you don’t have a VC connection or Millions invest.

One of those? Open.

So with this launch, Slaves have given to regular investors in retail way to expose Openi prices – something that are can’t Make a shares directly.

Pretty damn ill, amirite? Well … not everyone agrees:

Basically, what Openai is saying is that even if the Robinhood tokens are supported by 1: 1 by the real opening sections, You are not a legal partnai shareholder.

And what does that mean for you?

👉 You believe in Robinhol you, not the opening

When you buy one of the token, you do not own a piece of opening directly.

You just count that Robinhood (or his partner) will keep the openii shares somewhere.

👉 There is no rights for shareholders

You don’t get voting rights, say in decisions or access to OpenAI’s Financials. Just follow the price.

👉 Liquidity is not guaranteed

These tokens only value if Robinhood keeps the market open.

If they stop or look for a fall, you may not be able to sell.

Simultaneously, HeyAt least it’s an option. If you just want to expose yourself to the price of the openii, then okay. But be sure to understand the risks before you jump in.

And with that I will bring you back to your regular scheduled scrolling 🎙️

This was a daily grip, thanks for reading and happily outside.

You are in knowledge now. But think about your friends – they probably have no idea. I wonder who could fix it … 😃🫵 Expand the word and be a hero you know you are!