Place your ads here email us at info@blockchain.news
NEW
Unauthorized Offering Flash News List | Blockchain.News
Flash News List

List of Flash News about Unauthorized Offering

Time Details
2025-07-03
12:40
OpenAI Disavows Robinhood's Tokenized Equity, Highlighting Risks of Unauthorized Sales on Arbitrum Blockchain

According to @MilkRoadDaily, OpenAI has publicly warned that the tokenized equity being offered to Robinhood users in Europe is completely unauthorized. In a social media post, OpenAI stated it has no partnership with Robinhood, was not involved in the offering, and did not approve any transfer of its equity, which is a strict requirement. This situation creates significant trading risks for investors holding these 'OpenAI tokens' on the Arbitrum blockchain, as their legitimacy and value are now in question. The controversy could also attract regulatory scrutiny to the practice of tokenizing private equity on blockchains like Arbitrum. Furthermore, Dragonfly General Partner Rob Hadick commented that private companies might react by cancelling equity sales for any shareholders found violating their agreements, adding a critical layer of risk for anyone participating in such secondary market token sales.

Source
Place your ads here email us at info@blockchain.news