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Robinhood has stepped into tokenized exposure for private companies like 
OpenAI and SpaceX, facing scrutiny over its derivative-based approach.
What’s the Scoop?
- Tokenization Expansion: Robinhood has launched tokenized exposure to private company shares like OpenAI and SpaceX, minted on Arbitrum.
- Derivative Nature: These tokens don’t represent actual equity but are derivative contracts tracking valuation.
- OpenAI's Response: OpenAI criticized the move, stating it did not endorse or authorize these tokens and urging users to review official filings.
