OpenAI wants to make clear that Robinhood's sale of "OpenAI tokens" will not give everyday consumers equity — or stock — in OpenAI.

OpenAI said it was not involved in Robinhood’s launch of tokenized shares in Europe, warning users the assets were issued without its approval.

Robinhood’s tokenized stocks drew fire from the ChatGPT maker and critics, who say the product offers no real equity and lacks transparency.