Robinhood backs OpenAI with $75M retail access strategy
Robinhood Ventures Fund I said it bought about $75 million of OpenAI common stock on April 17. Summary Robinhood Ventures Fund I bought $75 million in OpenAI common stock for tokenized retail exposure. The fund plans to use venture tokens so users track OpenAI value without owning equity. Robinhood’s move revives legal questions because token…
