Robinhood CEO Vlad Tenev said the company is in discussion with European regulators about its token-based equity product after companies like OpenAI raised concerns. The Menlo Park, California based company revealed last week that investors across the European Union would soon have the opportunity to trade blockchain tokens representing U.

OpenAI denounced Robinhood’s offering of its private stock as a crypto token, but the trading app wants to add thousands more to its roster.