OpenAI's warning over token misuse prompts EU regulators to investigate Robinhood's stock token offering. The Bank of Lithuania, which regulates Robinhood on behalf of the European Union, has begun an ...

Robinhood’s “private equity” tokens for OpenAI and SpaceX are under EU regulatory review after warnings that they do not grant actual equity.

The Bank of Lithuania said it has contacted Robinhood and is “awaiting clarifications” regarding the structure of its OpenAI and SpaceX stock tokens.

Robinhood's tokenized stocks let European investors trade digital versions of U.S. shares 24/7 with zero commissions, but ...