Robinhood Discussing Tokenized Equities With Regulators

WATCH: Robinhood CEO Vlad Tenev said tokenization could solve the issue of liquidity “by tapping into a global network of hundreds of millions of crypto market participants.” Source: Bloomberg

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By Emily Nicolle, Francine Lacqua, and Paige Smith

July 8, 2025 at 9:42 AM UTC

Updated on

July 8, 2025 at 12:29 PM UTC

Robinhood Markets Inc. Chief Executive Officer Vlad Tenev said the firm is in talks with regulators over its offering of tokenized equities in Europe, after the launch drew rebuke from companies including OpenAI.

The Menlo Park, California-based firm announced last week that retail investors using its app in the European Union could start trading tokens that represent shares of US equities on blockchain. The launch included a giveaway of tokens for closely held companies like OpenAI. The firm led by Sam Altman later cautioned traders that the “tokens” are not equity in the company.