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Robinhood Reveals OpenAI Stock Tokens Are SPV-Backed – A New Era for Crypto Equities?

Robinhood Reveals OpenAI Stock Tokens Are SPV-Backed – A New Era for Crypto Equities?

Author:
CoindeskEN
Published:
2025-07-09 05:36:26
13
3

Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle

Robinhood just dropped a bombshell: OpenAI's stock tokens aren't your average crypto fling—they're backed by a Special Purpose Vehicle (SPV). Cue the institutional intrigue.

Why it matters: SPVs aren't exactly the 'wild west' of DeFi. This move smacks of Wall Street trying to crypto-fy itself—again—but with training wheels.

The fine print: No numbers disclosed (classic), but the structure suggests Robinhood's playing for the big-league compliance crowd. Because nothing screams 'decentralization' like a legal entity shield.

Bottom line: A slick hybrid of TradFi safety nets and crypto's synthetic asset hype. Whether it's innovation or just bankers cosplaying as degens? Your call.

|Square

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