OpenAI took aim at retail brokerage Robinhood, publicly condemning the “OpenAI tokens” offered by the platform, stating that they do not represent equity in the company. 

In a post on X, OpenAI clarified that it does not endorse or support Robinhood’s sale of these tokens, was not involved in the initiative, and did not approve any transfer of its equity. 

This story is an excerpt from the Unchained Daily newsletter.

“Any transfer of OpenAI equity requires our approval—we did not approve any transfer,” said the OpenAI newsroom account on X.

“Please be careful,” the firm warned.