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Robinhood responds to refute: it only holds shares indirectly through a certain SPV and links the value of the tokens to its shares

2025-07-07 11:20:22
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ChainCatcher news, according to Caixin, in response to OpenAI's urgent rebuttal stating that it has not authorized Robinhood and that the so-called "OpenAI tokens" are not equity in OpenAI, a Robinhood spokesperson stated that OpenAI tokens will provide investors with an indirect opportunity to invest in OpenAI through Robinhood's ownership in the SPV. This means that Robinhood does not directly hold shares in OpenAI, but only holds them indirectly through a certain SPV, and then links the price of the OpenAI tokens to the value of the OpenAI shares held by that SPV.

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