Bernstein: Although Robinhood and OpenAI are controversial, the trend of tokenized stocks is inevitable

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ODAILY
07-07
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Odaily Planet News: Robinhood announced the launch of tokenized stocks last week, but faced strong opposition for providing private equity to OpenAI without consent. The brokerage Bernstein believes that despite OpenAI's objections, Robinhood still defines tokens as derivatives and is doubling down on stock tokenization, betting on support from the and the to unlock the tokenized asset market. Bernstein analysts wrote that, as Robinhood pointed out, tokenization of private equity typically lacks key rights such as company consent and pre-emptive rights. Although companies like OpenAI and SpaceX already have liquidity in the private market, the market demand for tokenizing less liquid private assets remains strong. (The Block)

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