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Robinhood CEO Defends Tokenized Stocks Amid AMC Criticism

9/9/2026

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Summary

Story summary

Robinhood CEO Vlad Tenev defended the firm’s tokenized-stock push on Wednesday.
Tenev explained tokenized assets are digital representations that do not confer outright ownership.
AMC CEO Adam Aron condemned Robinhood’s tokenized AMC shares for bypassing issuer involvement.
Tenev noted token holders lack voting rights.
Robinhood has not announced any plan to let token holders vote the underlying shares.

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Story summary

Robinhood CEO Vlad Tenev defended the firm’s tokenized-stock push on Wednesday.
Tenev explained tokenized assets are digital representations that do not confer outright ownership.
AMC CEO Adam Aron condemned Robinhood’s tokenized AMC shares for bypassing issuer involvement.
Tenev noted token holders lack voting rights.
Robinhood has not announced any plan to let token holders vote the underlying shares.