Robinhood CEO Defends Tokenized Stock Offerings for Private AI and Space Companies

Jul 08, 2025
CNBC
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Summary

Robinhood CEO Vlad Tenev defends tokenized stock offerings for private AI and space companies like OpenAI and SpaceX, arguing retail investors deserve exposure to disruptive assets despite tokens not technically representing equity.

Key Points

  • Robinhood CEO Vlad Tenev defends the company's tokenized stock offerings for private companies like OpenAI and SpaceX
  • Tenev says it is not 'entirely relevant' that the tokens do not technically represent equity in the companies
  • Tenev argues retail investors should have exposure to disruptive assets like AI companies, even if they are private firms

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