WE-LaunchRobinhood CEO: OpenAI and SpaceX tokenized stocks are not completely correlated with the equity of these two companies
Odaily News In an interview with CNBC, Robinhood CEO Vlad Tenev said that technically, OpenAI and SpaceX tokenized stocks are not equity in the two companies, and the two are not completely related. OpenAIs complex corporate structure enables institutional investors to invest in the company through various tools, such as equity obtained when it is later converted to a for-profit company, because OpenAI was originally established as a non-profit organization, but later gradually developed into a for-profit entity owned by a non-profit organization. (CNBC)
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