Robinhood’s stock promotions face close attention to the EU after Openai warning

The Central Bank of Lithuania said Monday said Marvelous Looking for explanations over its tokenized stocks after Openai causes concern Behind the product last week.

“We contacted Robinhood and expect explanations regarding the structure of Openai and SpaceX tokens, as well as related consumer communication,” said Bank of Liteania Giedrius šniukas.

“Only after receiving and evaluating this information will we be able to evaluate the legitimacy and preservation of these specific tools. Information information should be provided in clear, fair and non -interfig.”

Bank of Lithuania – this is Robin, Leading regulator in the European Union After the company received a brokerage license and license for Crypto Asset service from the Central Bank. Robinhood was not immediately available for comments when referred to CNBC.

This happens shortly after Openai returned from the Robinhood stock product. Launched on June 30, the product provides users in the EU ability to invest in shares based on blockchain-based, according to Robinhood-Novat for private firms such as Openai and SpaceX.

Following the announcement of Robinhood on the new token proposal, Openai switched to the Social Media X platform to warn users that “these” Tokens Openai “are not Openai Equity.”

“We did not cooperate with Robinhood, did not participate in it and did not approve of it,” the company said at the time, adding that “any transfer of our capital requires our approval – we did not approve any transfer” and calling users to approach the product with care.

In response to Openai warning last week, Robinhood said his tokens “give retail investors indirectly exposed to private markets, opening access and provided by ownership promotions in a special purpose car.”