In the European Union, on July 7, 2025, Robinhood's tokenized stock offerings are under regulatory scrutiny following OpenAI's disavowal. (Source: Reuters, Axios, June 30, 2025 & July 2, 2025) The Bank of Lithuania is investigating the legality of Robinhood's platform, which allows EU users to trade tokenized shares of over 200 U.S. stocks and ETFs.
OpenAI clarified on July 2, 2025, that the offered tokens do not represent equity and that they did not partner with or endorse Robinhood. Robinhood's stock (HOOD) is trading at $93.46, down 0.99% from the previous close.
The tokenization market is valued at over $24 billion, highlighting the need for clear regulatory frameworks. This situation underscores the need for clear regulatory frameworks to govern the tokenization of assets and protect investors.