Robinhood announced the launch of tokenized stocks last week, but sparked strong opposition for providing private equity to OpenAI without consent. Brokerage firm Bernstein believes that despite OpenAI's objections, Robinhood still defines tokens as derivatives and is doubling down on stock tokenization, betting on the support of the U.S. Securities and Exchange Commission (SEC) and the CLARITY Act to unlock the tokenized asset market. Bernstein analysts wrote that, as Robinhood pointed out, the tokenization of private equity often lacks key rights such as company consent and pre-emptive rights, and although companies such as OpenAI and SpaceX already have liquidity in the private market, there is still strong market demand for tokenizing less liquid private assets. (The Block) [Odaily Planet Daily]