OpenAI, the parent company of ChatGPT, warns users against the tokenized stocks of its company, which were recently launched on Robinhood. The statement clarifies that no official partnership exists between the two companies, and OpenAI denies any official approval for the transfer of equity.

OpenAI, the high-profile artificial intelligence firm, has publicly disavowed a new effort by fintech company Robinhood to offer "OpenAI tokens" to the public, clarifying that these digital assets do not represent equity in the company.

The financial-services platform is making a smart move by getting deeper into cryptocurrencies, analysts say, as it will expand its customer base.