CEO Robinhoom

Robinhood CEO protects the Openai stock proposal

Marvelous CEO Vlad Tennen says it is not “quite relevant” that the so -called Openai and SpaceX trading platform is not in technical capital.

This happens after Openai expressed concern about the product designed to provide the US exposition to various US shares – including private companies that are less liquid than in government firms.

Openai last week warned this Shares Robinhood Shares Do not present the capital in the company and said in a report on X that “any transfer of our capital requires our approval – we have not approved any gear.”

Robinhood says his tokens of Openai stock “included in the Robinhood ownership in the special purpose vehicle.”

“It is true that this is not technically justice,” said Tennen, who co-established Robinhood in 2013 with a Bhat Bhat, a Squawk Box Europe, Tuesday, repeating his original response to Openai problems.

Tennene stated that the complex structure of the Openai company allows the institutional investors to get the company’s exposition through “various instruments as its own justice at the transformation event at a later date.”

Openai was originally founded as a non -profit organization. However, since then it has developed to include a non -profit organization owned by a non -profit organization.

“By itself, I don’t think it’s quite relevant that it is not technically a capital tool,” he said. “The important thing is that retail customers have the opportunity to get this asset” – even if it is a private company – because of the devastating nature, he added.

On Monday, the Bank of Lithuania, which is the leading powers of the Robinhood in the European Union, said CNBC that it “awaits explanations” regarding the company’s stock structure after the Openai’s statement last week.

“Only after receiving and evaluating this information will we be able to evaluate the legitimacy and preservation of these specific instruments,” said Lithuanian Bank’s press, Gediya Shnukas. “Information information should be provided in a clear, fair and non -transfer language.”

Tennen said in response to the comments of the Lithuanian regulator that Robinhood “is pleased to continue answering the questions of our regulators.”

“As this is a new thing, the regulators want to look at it, and we have created this program so that we believe that they will resist careful attention – and we expect that it will be careful about the great innovative player in this space,” he said CNBC.

See a complete interview CNBC with CEO Robinhood Vlad Tenev

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