Robinhood CEO Rejects AMC’s Demand Over Stock Token Rights

TLDR Robinhood CEO Vlad Tenev says companies should not get veto power over third-party stock tokens. Robinhood calls its Stock Tokens debt securities backed one-for-one by real shares, not shares themselves. Token holders get price exposure but do not join a company’s shareholder register or get voting rights. AMC CEO Adam Aron says Robinhood never [...]

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