TGB Supplements

$HOOD Lithuania’s central bank on Monday said it has contacted Robinhood seeking clarifications over its tokenized equities after OpenAI raised concerns over the product last week. “We have contacted Robinhood and are awaiting clarifications regarding the structure of OpenAI and SpaceX stock tokens as well as the related consumer communication,” Bank of Lithuania spokesman Giedrius Šniukas told CNBC via email. “Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments. The information for investors must be provided in clear, fair, and non-misleading language.” The Bank of Lithuania is Robinhood’s lead regulator in the European Union after the company received a brokerage license and crypto asset service provider license from the central bank. Robinhood was not immediately available for comment when contacted by CNBC.