OpenAI has issued a clear statement denying any partnership or involvement with Robinhood regarding the recently launched "OpenAI tokens." The company emphasized that these tokens do not represent equity or shares in OpenAI. OpenAI further clarified that any transfer of actual equity in the company requires their explicit approval, which has not been granted for these tokens. This announcement comes after Robinhood introduced tokenized versions of private shares for OpenAI and SpaceX on its platform. Elon Musk also commented on the situation, stating that OpenAI's purported equity in these tokens is "fake." OpenAI has urged consumers to exercise caution, warning that the tokens offered by Robinhood do not confer ownership or equity rights in the company. Following these clarifications, Robinhood's shares experienced a decline. Multiple media outlets and industry sources have reported on OpenAI's disavowal of the tokenized stock initiative and its lack of endorsement or approval for the tokens.