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U.S. stocks HOOD fell about 2% in pre-market, after OpenAI denied any connection with Robinhood Token.
BlockBeats news, on July 3, according to market data, Robinhood (HOOD.O) fell about 2% in pre-market trading, after OpenAI denied any association with Robinhood's tokens. BlockBeats previously reported that OpenAI issued a statement denying authorization for Robinhood to launch related tokenized stocks, and the so-called 'OpenAI token' is not equity in the company, nor has there been any partnership or endorsement of related projects with Robinhood. OpenAI emphasized that any transfer involving company equity must be approved by the official authority, and the company has not approved any such transactions to date, urging the public to remain vigilant.