Robinhood is discussing tokenizing stocks with regulatory agencies.

Vlad Tenev, CEO of Robinhood Markets, stated that the company is in discussions with regulatory authorities regarding the issuance of tokenized stocks in Europe, following opposition from several companies including OpenAI after the launch of their tokenized stock products. The California-based company announced last week that retail investors in the EU using their app can now trade tokenized US stocks based on blockchain technology. The launch also included token giveaway activities for non-public companies like OpenAI. However, OpenAI, led by Sam Altman, later reminded traders that these "tokens" do not represent ownership in the company.