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Robinhood CEO defends AMC stock tokens amid AMC CEO's SEC threat over token trading.

Market News
09 Sep 2026
Tokenpost
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Bearish
Robinhood CEO defends AMC stock tokens amid AMC CEO's SEC threat over token trading.

Robinhood CEO Vlad Tenev defended the platform's stock token model after AMC CEO Adam Aron criticized tokens linked to AMC shares and threatened to involve the SEC. Tenev stated that companies cannot control all financial instruments referencing their shares and explained that Robinhood's tokens are backed 1:1 by actual shares but do not grant voting rights. The dispute highlights concerns about tokenized stocks and their market pricing, with experts noting potential discrepancies between token prices and underlying shares. The debate continues as Robinhood has not yet announced a policy on voting rights for shares held as collateral.

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