Hacker NewsJul 21, 2025
Cryptocurrency exchanges begin offering tokenized securities
https://apnews.com/article/crypto-robinhood-openai-tokenization-sec-bfd41220717fe9b6ebcd0305005e0018
#ycombinator #Robinhood_Markets_Inc #OpenAI_Inc #Europe #Cryptocurrency #Financial_technology #Southeastern_Conference #General_news #Finance_Business #Stocks_and_bonds #Hester_Peirce #Business #Donald_Trump #Paul_Atkins #SpaceX #Financial_services #Vlad_Tenev #BlackRock #Inc #Katie_Haun #U_S_news #Netflix #Lee_Reiners #Hilary_Allen #Technology #Johann_Kerbrat #U_S_News
The risks and rewards of tokenization as crypto heavyweights push for it

The financial world is buzzing about tokenization, a process using blockchain to turn real-world assets like stocks or real estate into digital tokens. Advocates say this could revolutionize investing, making it cheaper, more transparent, and accessible to everyday investors. Robinhood recently launched tokenized stock trading in Europe and offered tokens linked to private companies like OpenAI, sparking controversy. Critics warn tokenization could bypass U.S. securities laws, risking investor protections. The SEC has urged caution, emphasizing legal obligations. While some see tokenization as a game-changer, others fear it could lead to unregulated markets reminiscent of the 1920s.

AP News
 Hacker NewsJan 22, 2025
Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
https://apnews.com/article/trump-ai-openai-oracle-softbank-son-altman-ellison-be261f8a8ee07a0623d4170397348c41
#ycombinator #Generative_AI #OpenAI_Inc #Oracle_Corp #Donald_Trump #Joe_Biden #Larry_Ellison #Microsoft_Corp #Masayoshi_Son #Artificial_intelligence #Sam_Altman #Elon_Musk #Data_management_and_storage #District_of_Columbia #General_news #TX_State_Wire #Washington_news #Technology #Business #SoftBank_Corp #Texas #Politics #NVIDIA_Corp
President Trump highlights investing $500 billion in 'Stargate' AI project

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.

AP News
 Hacker NewsJan 21, 2025
Stargate Project: SoftBank, OpenAI and Oracle to invest up to $500B in AI
https://apnews.com/article/trump-ai-openai-oracle-softbank-son-altman-ellison-be261f8a8ee07a0623d4170397348c41
#ycombinator #Generative_AI #OpenAI_Inc #Oracle_Corp #Donald_Trump #Joe_Biden #Larry_Ellison #Microsoft_Corp #Masayoshi_Son #Artificial_intelligence #Sam_Altman #Elon_Musk #Data_management_and_storage #District_of_Columbia #General_news #TX_State_Wire #Washington_news #Technology #Business #SoftBank_Corp #Texas #Politics #NVIDIA_Corp
President Trump highlights investing $500 billion in 'Stargate' AI project

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.

AP News