Efforts to tokenize pre-IPO stocks, similar what Robinhood is doing with OpenAI, whitethorn assistance unlock liquidity successful backstage markets, but the operation apt qualifies arsenic a security, carries bankruptcy hazard and could spark lawsuits implicit shareholder statement breaches.
By
Sam Reynolds|Edited by Nikhilesh De
Updated Jul 11, 2025, 3:59 a.m. Published Jul 11, 2025, 3:14 a.m.