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US Stock Market: HOOD Pre-market Down by About 2%, Earlier OpenAI Denied Any Association with Robinhood Coin

By: theblockbeats.news|2025/07/03 10:01:45

BlockBeats News, July 3rd, according to market data, Robinhood (HOOD.O) stock pre-market dropped by about 2%. Earlier, OpenAI denied any association with the Robinhood token.


BlockBeats previously reported that OpenAI officially released a statement denying authorizing Robinhood to launch any tokenized stocks, such as the so-called "OpenAI Token," which is not a form of company equity. OpenAI also stated that they have not established any partnership with Robinhood or endorsed any related projects. OpenAI emphasized that any transfer of company equity must receive official approval, and currently, the company has not approved any such transactions, urging the public to remain cautious.

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