🔍 Robinhood is facing regulatory scrutiny in the EU over its stock token products.
At the center of the issue: tokens that simulate private equity in firms like OpenAI and SpaceX — but offer no real ownership, no voting rights, and no actual equity.
Key points:
• The Bank of Lithuania is leading the EU probe
• Tokens are based on estimated valuations, not stock prices
• OpenAI itself has warned about misleading nature of these tokens
• In the US, SIFMA is pressuring the SEC to block similar token offerings under looser rules
This raises serious questions about how tokenized equity is marketed — and whether investors really know what they’re buying.
Follow for more regulatory developments in the digital asset space
#Robinhood #CryptoRegulation #TokenizedAssets #FinanceWatch #bitinsider