Limited Stock LLC
We brought Vlad's vision to life.
In July 2025, Robinhood CEO Vlad Tenev announced a limited stock token giveaway on OpenAI and SpaceX for eligible European customers — a first step toward putting private-company exposure in the hands of retail investors.
Token Stock Company is our answer to that moment. Through Limited Stock LLC, we set up a shell company, purchase OpenAI exposure, and airdrop it to Robinhood users via the Partner Stock Program. The tokens aren't technically equity, but they give retail investors the exposure Vlad described — and $TSC funds the next batch.
From announcement to airdrop
- OpenAI first. We acquire exposure and register gifts through Robinhood's Partner Stock Program for eligible European users.
- SpaceX next. Named in the same announcement — on our roadmap once the first batch is live.
- $TSC ties it together. Fee flows fund stock purchases, airdrop operations, and liquidity. See the fees page for the split.
Stock tokens are not equity. Review Robinhood's terms and our docs before participating. Not investment advice.