Robinhood gives tokens Openai and SpaceX. Write down the spare hits

Shares Robinhood Hit Rocp

Cannes – Marvelous The stock stock rose 10% to the maximum all the time on Monday after the company unfolded tokenized shares Openai and Space For users in Europe as part of a greater crystalling.

This is the first step of the company to make private capital available via blockchain.

An announcement that occurred on Monday during a product of a company in Cannes cry Traces around the world. The tokenized assets will be available exclusively through the Crypto EU Robinhood, where more than 200 token and ETFs can now be traded 24 hours a day, five days a week without a commission and distribution.

Openai and SpaceX are nominated as no company is listed, and access to their capital has historically been limited by insiders and ultra-country investors.

“We wanted to make sure we gave access,” said Johann Kerbrat, Senior Vice President and CEO Crypto in Robinhood. “What we discussed on stage was how to decide the inequality between people who historically had access to such companies – and everyone else. This is a really exciting part: now everyone will be able to get it.”

“The goal is token,” he added, “will allow anyone to participate in this economy.”

To mark the launch, Robinhood gives on July 5 Openai and Spacex tokens for each European Union user, which is trading shares by July 7. The company has allocated $ 1 million and $ 500,000 for SpaceX.

This notes for the first time when Robinhood made private companies – partially became possible a transition to a more flexible EU normative setting.

“The EU has no accredited investor rules here, so anyone who has the right to trade tokens can access them,” Kerbrat explained.

As long as EU deployment is being deployed, Robinhood says US users should not expect access soon.

Regular obstacles – especially accredited investor restrictions – remain the main barrier to attract tokenized private capital into the US market. CEO Vlad Tenne Publicly called for reforms, claiming that blockchain could unlock more involvement in private markets.

The tokenized shares are distributed through the Robinhood’s maintenance wallet on users accounting for a wider infrastructure, which also includes a new level of the 2nd level, built on Abritrum, which was announced the same day.

And while American users are still unable to access private companies, they have access to the cry.

Robinhood also launched a bet for Ethereum and Solana in the US, a function previously blocked by the Securities and Exchange Commission. This step signals a new pressure on the introduction of crypto products that carry yields on the domestic market.

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