Robinhood stock popped this week on news that European users could trade "tokenized" stock in private companies. OpenAI distanced itself from the plan.

Robinhood’s stock hit record highs with its crypto token launch, but shares slid after OpenAI denied involvement, warning the tokens aren’t legitimate equity.

Tech billionaire Elon Musk has made a strong statement, calling OpenAI’s equity “fake” after the company issued a warning about unofficial “OpenAI tokens.” Elon Musk Slams OpenAI’s Equity Claim These tokens,