logo

Robinhood Engages with European Regulators on Tokenized Stocks

By: theblockbeats.news|2025/07/08 15:06:50

BlockBeats News, July 8th, according to Bloomberg, Robinhood Markets Inc. CEO Vlad Tenev stated that the company is in communication with regulators regarding its tokenized stock product launched in Europe, which has previously sparked criticism from multiple companies including OpenAI.


The California-based company announced last week that retail investors in the European Union can now trade blockchain tokens representing U.S. stocks through its app. This launch also included tokens for privately held companies like OpenAI. However, OpenAI, led by Sam Altman, later reminded traders that these "tokens" do not represent equity in the company.


The brokerage is facing inquiries from regulators, including the Bank of Lithuania, regarding the structure of these tokens and whether they blur the line between actual equity and derivatives. The Bank of Lithuania has confirmed reaching out to Robinhood for further details.

UK court sentences two cryptocurrency scammers to prison for $2 million
Solana Treasury Company Upexi Announces SOL Holdings Exceed 735,000

You may also like

Share
copy

Gainers

Latest Crypto News

03:15

The prices of some Memecoins and Shitcoins have experienced a significant increase, with the MemePenguin coin seeing a 24-hour surge of 50.64%.

03:15

「2016 Ethereum Ancient Whale」 Suspected of Selling 7,000 ETH, Still Holding 26,992.67 ETH

02:45

Arthur Hayes responds to Monad Co-founder: Unlock All Tokens Now, You Will Absolutely Succeed

02:45

Wyoming Stablecoin Committee Launches FRNT Stablecoin Testnet Faucet

02:15

dYdX Community Introduces "Liquidation Rebate Pilot Proposal"

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]