According to BlockBeats, on July 7th, despite opposition from OpenAI, Robinhood launched a tokenized stock product at last week's high-profile press conference in Cannes and classified the controversial OpenAI private equity token as a derivative. Bernstein analysts point out that the company is betting on SEC policy support and the passage of the CLARITY Act to open up the tokenized asset market.
Bernstein analysts believe that although the dispute between Robinhood and OpenAI has attracted attention, the improvement of the regulatory environment will drive the arrival of the "wave of equity tokenization". Currently, private enterprises including OpenAI and SpaceX have non-public market liquidity, but there is still a strong demand for tokenization of illiquid private assets. Robinhood has successfully attracted widespread market attention to the concept of tokenization through this release. The company will continue to optimize its products and strive to establish a stock trading platform for listed and non listed companies facing the global and US markets (pending regulatory readiness)
