Openai，Robinhood和diskenized公平：一个野外的西方？

Robinhood的代币股权提供了Sparks争议，因为Openai距离未经授权的令牌距离。这是投资的未来还是监管雷区？

OpenAI, Robinhood, and Tokenized Equity: A Wild West?

Openai，Robinhood和diskenized公平：一个野外的西方？

The intersection of AI, fintech, and blockchain is getting spicy! Robinhood's recent foray into tokenized equity in Europe, particularly involving alleged OpenAI shares, has stirred up a hornet's nest. Buckle up, because this ride might get bumpy.

人工智能，金融科技和区块链的交集越来越辣！ Robinhood最近在欧洲涉足令牌股权的企业，尤其是涉及Openai股票的股票，激起了大黄蜂的巢穴。扣紧，因为这次骑行可能会变得颠簸。

Robinhood's Bold Move: Tokenized Equity on the Blockchain

Robinhood的大胆举动：区块链上的象征性权益

Robinhood, ever the disruptor, recently announced the launch of tokenized stock trading on the Arbitrum blockchain for its European users. This includes access to 200 equities and ETFs, plus a secondary market for equity in hot startups like OpenAI and SpaceX. The allure is obvious: democratizing access to pre-IPO shares, traditionally reserved for venture capitalists and well-connected investors.

曾经是破坏者的Robinhood最近宣布在欧洲用户的仲裁区块链上推出令牌化股票交易。这包括访问200股票和ETF，以及OpenAI和SpaceX等热门初创公司中的股票二级市场。魅力很明显：使获得IPO前股票的访问权限为民主化，传统上是为风险投资家和连接良好的投资者提供的。

OpenAI's Swift Rejection: "Not Authorized!"

Openai迅速拒绝：“未授权！”

However, things got complicated fast. OpenAI swiftly issued a statement distancing itself from these "OpenAI tokens," emphasizing that they are not OpenAI equity and that the company had no partnership with Robinhood in this endeavor. The AI giant made it clear that any transfer of OpenAI equity requires their approval, and no such approval was granted.

但是，事情变得复杂了。 Openai迅速发表了与这些“ Openai代币”相距甚远的声明，强调他们不是Openai Equity，并且该公司在这项工作中与Robinhood没有合作伙伴关系。 AI巨头明确表示，任何转让股权都需要他们的批准，并且没有批准这种批准。

The Murky Origins of the Tokenized Equity

令牌公平的模糊起源

The big question is: where does this tokenized equity actually come from? Speculation suggests it might represent interest in OpenAI shares acquired through authorized channels. Robinhood's CEO hinted at a relationship with a wealthy investor holding OpenAI and SpaceX shares. But even if this is the case, OpenAI might not honor these sales, potentially leaving token holders empty-handed.

最大的问题是：这个令牌股票实际上来自哪里？猜测表明，它可能代表通过授权渠道获得的OpenAI股票的兴趣。 Robinhood的首席执行官暗示与拥有OpenAi和SpaceX股份的富裕投资者的关系。但是，即使是这种情况，Openai也可能不会尊重这些销售，可能会使令牌持有人空手而归。

A History of Unauthorized Offerings

未经授权的产品的历史

This isn't the first time tokenized equity offerings have raised eyebrows. Back in 2018, a blockchain startup named Swarm claimed it would offer tokenized shares in startups, including Robinhood itself! Many of those companies denied authorization. This highlights the risks of investing in tokenized equity, especially when the underlying company hasn't explicitly approved the offering.

这并不是第一次引起眉毛的标记股权产品。早在2018年，一家名为Swarm的区块链初创公司声称它将在包括Robinhood本身在内的初创企业中提供令牌化的股票！其中许多公司拒绝授权。这突出了投资令牌股权的风险，尤其是当基础公司没有明确批准发行时。

Potential Benefits and Risks

潜在的好处和风险

The potential advantages of tokenized equity are clear: increased liquidity, fractional ownership, and broader access to investment opportunities. However, the risks are equally significant: regulatory uncertainty, lack of transparency, and the potential for fraud. As Dragonfly General Partner Rob Hadick warned, private companies might simply cancel equity sales that violate shareholder agreements.

令牌股权的潜在优势很明显：增加的流动性，分数所有权和更广泛的投资机会。但是，风险同样重要：监管不确定性，缺乏透明度和欺诈的潜力。正如Dragonfly通用合作伙伴Rob Hadick所警告的那样，私人公司可能只是取消违反股东协议的股权销售。

Looking Ahead: A Regulatory Showdown?

展望未来：监管摊牌？

The clash between OpenAI and Robinhood highlights the need for clear regulatory guidelines around tokenized equity. Until then, investors should tread carefully and do their due diligence before diving into this nascent market. It will be interesting to see how the SEC approaches this new form of investment product.

Openai与Robinhood之间的冲突凸显了有关令牌股权的明确监管指南的必要性。在此之前，投资者应仔细踩踏并进行尽职调查，然后才能进入这个新生的市场。看到SEC如何接近这种新的投资产品将很有趣。

Meanwhile, in AI...Meta's Talent Grab

同时，在AI ... Meta的才华抢夺

Separately, Meta is making big moves in the AI space, poaching top talent from OpenAI. This talent acquisition war, coupled with Meta's massive investments in AI infrastructure, suggests that the competition for AI supremacy is intensifying. Meta's goal: to lead the way in developing superintelligence.

另外，梅塔（Meta）在AI领域采取了重大动作，从Openai偷猎了顶尖人才。这场人才获取战争，再加上Meta对AI基础设施的巨额投资，这表明AI至高无上的竞争正在加剧。 Meta的目标：领导开发超智慧的道路。

The Bottom Line

底线

The tokenized equity situation with OpenAI and Robinhood is a fascinating example of how fast the financial world is changing. While the idea of democratizing access to investments is appealing, it's crucial to approach these opportunities with caution and awareness of the risks involved.

openai和Robinhood的标记股票状况是金融界变化的速度的一个令人着迷的例子。尽管使投资访问权力的想法具有吸引力，但要谨慎和意识到所涉及的风险，至关重要。

So, keep your eyes peeled, your wits sharp, and maybe a little bit of your investment portfolio ready for the future, because things are only going to get wilder from here! As they say in Brooklyn, fuhgeddaboudit... unless you do your homework!

因此，请保持眼睛剥皮，智慧敏锐，也许您的投资组合有一点点为未来准备，因为事情只会从这里变得荒谬！正如他们在布鲁克林所说的那样，fuhgeddaboudit ...除非您做功课！