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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?
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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.
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