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Robinhood CEO Defends OpenAI Crypto Stock Drama—And Goes All-In Anyway
Robinhood CEO Defends OpenAI Crypto Stock Drama—And Goes All-In Anyway
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Wall Street’s favorite disruptor just doubled down—controversy be damned.
Robinhood CEO Vlad Tenev isn’t backing off from the OpenAI crypto stock firestorm, calling it 'healthy debate' while quietly ramping up exposure. Because nothing says 'healthy' like betting the farm on volatile AI-linked tokens while retail traders eat the volatility.
Here’s the kicker: This isn’t hedging. It’s a full-throated embrace of crypto’s wildest crossover yet—where algorithmic trading meets generative AI hype. And Robinhood’s riding the wave straight into the teeth of regulatory scrutiny.
One hedge fund manager (who asked not to be named) put it best: 'They’ll monetize the narrative long before the SEC figures out how to spell GPT.'
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