Robinhood CEO responds to OpenAI tokenized stock controversy, says it will continue to advance and expand business

News: Robinhood CEO Vlad Tenev recently responded to the controversy surrounding the company's launch of tokenized OpenAI stocks, stating that he will firmly push forward and expand this business. Previously, OpenAI had openly opposed this tokenization product, claiming that Robinhood was not authorized to use its name, and the US SEC also warned that tokenized securities must still comply with federal securities laws. In response, Tenev said: "Becoming the first platform to tokenize these excellent companies is an important milestone. Whenever you create something meaningful, there will always be some controversy." He also revealed plans to extend this model to thousands of private companies and integrate with the DeFi market. (Decrypt)