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Robinhood’s “stock tokens”
they are under fire in EU 🇪🇺
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
Jack Dorsey builds a Bluetooth-only chat app (yes, offline messaging)
Robinhood's stock token drama with OpenAI and EU regulators
Fintech leaders weigh in on decentralization and private market access
Source : TechCrunch
Jack Dorsey (ex-Twitter CEO) just launched Bitchat, a messaging app that runs on Bluetooth, not the internet. Yes, really.
🚨 Breaking News:
Bitchat lets people send encrypted messages without Wi-Fi, mobile data, or even phone numbers. Just nearby phones and Bluetooth.
⚡ Wire Simplified:
Messages jump device to device through Bluetooth, even with no internet
No accounts, no servers, no data collection… pure privacy
Inspired by Hong Kong’s protest-era mesh networks
Great for areas with blackouts or blocked internet
Beta version is now live on Apple TestFlight
✔️ Straight to the Point:
Jack is ditching the internet to create a censorship-proof way to message. Bitchat is like WhatsApp’s weird, privacy-obsessed cousin.
📲 Would you use a messaging app that works without the internet? |
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Source : Skill Bloomer
Robinhood (yep, the trading app) let people invest in OpenAI and SpaceX stock via tokens. EU regulators and OpenAI are not amused.
🚨 Breaking News:
Lithuania’s central bank is investigating Robinhood after OpenAI said “Wait, we never gave you permission for this.”
⚡ Wire Simplified:
Robinhood launched tokenized shares for firms like OpenAI and SpaceX
OpenAI warned “These tokens aren’t real equity”
Robinhood says it uses a special investment vehicle
EU regulators want clarity before judging legality
Robinhood hasn’t officially responded yet
✔️ Straight to the Point:
Robinhood’s attempt to tokenize private stocks is bold, but it’s walking a regulatory tightrope and OpenAI isn’t thrilled.
We start them early at 20VC.
9-9-6 baby. 🚀
— Harry Stebbings (@HarryStebbings)
9:13 AM • Jul 8, 2025
Wait, you can actually RUN your ENTIRE business from cursor using AI agents (finance, UX, ops etc)?
i had no idea.
this cursor expert never leaves his cursor app and gets everything done faster/make more money (29 min masterclass)
— GREG ISENBERG (@gregisenberg)
7:52 PM • Jul 7, 2025
FinovateFall 2025
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Date: September 8–10, 2025 | Location: New York, NY, USA
Fintech Talents North America 2025
Fintech Talents North America is the ultimate FinTech event for credit unions, community banks, financial institutions, and FinTechs from across North America. The event offers networking opportunities, workshops, and discussions on the latest trends in FinTech.
Date: September 2–3, 2025 | Location: New York, NY, USA
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