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OpenAI to Robinhood: That’s not our stock, bro

OpenAI has taken to X to remind the crypto community that Robinhood’s much-hyped “stock tokens” don’t represent equity in the business.

Wall Street loves selling crypto treasury stocks

It’s difficult to explain the valuations of many crypto treasury companies trading on stock markets across the globe.

Sharplink Gaming was supposed to be the leading example of an Ethereum treasury company. Its shares are 91% off all-time highs.

MicroStrategy’s Carl Rickertsen sold over $10M this year, admitted zero ownership, and continued an uninterrupted series of insider sales.

More crypto firms are choosing to publicly list their stock, but exactly how well are those stocks performing?