OpenAI issued a statement on Wednesday rejecting any connection to Robinhood’s newly launched OpenAI tokens. The company said it did not create or approve the tokenized version of its stock. Robinhood introduced the tokens as part of a cryptocurrency expansion that allows European users to access a mix of public and private company assets. OpenAI made it clear that these tokens are not the same as actual equity and that no equity transfer had been authorized. The company warned users to be careful with such offerings.

Robinhood Pushes Back As OpenAI Distances From Tokens

Robinhood said that the tokens offer indirect exposure through a special purpose vehicle owned by the company. CEO Vlad Tenev acknowledged that the tokens are not technically equity but argued that they allow retail investors to access assets normally out of reach. As part of a marketing campaign, Robinhood included OpenAI and SpaceX tokens in a limited giveaway for European customers who join by July 7. 

“OpenAI has pushed back strongly and emphasized that no partnership exists between them and Robinhood.“

They also stated that any transfer of OpenAI equity would require their approval and reiterated that no such approval was given. Robinhood shares dropped by 2% in premarket trading after the statement from OpenAI. 

The disagreement highlights growing tension between crypto platforms and traditional private tech firms as the boundaries of investment access continue to blur. OpenAI’s statement aims to protect its brand and reassure stakeholders that its equity remains controlled and secure. The company continues to focus on developing AI and keeping ownership aligned with its governance model.