Bernstein: Although there is controversy between Robinhood and OpenAI, the trend of tokenized stocks is inevitable

Odaily Planet Daily News: Robinhood announced last week the launch of tokenized stocks, but faced strong opposition for providing private equity to OpenAI without consent. Brokerage firm Bernstein believes that, despite OpenAI's objections, Robinhood will still define tokens as derivatives and double down on stock tokenization, wagering on the support of the U.S. Securities and Exchange Commission (SEC) and the CLARITY Act to unlock the tokenized asset market. Bernstein analysts wrote that, as Robinhood pointed out, the tokenization of private equity often lacks key rights such as company consent and preemptive rights. Although companies like OpenAI and SpaceX already have liquidity in the private market, the demand for tokenizing private assets with poor liquidity remains strong. (The Block)