Business
AMC Chief Executive Slams Robinhood Stock Tokens
What’s the most likely cause of the latest internet spat between two high-profile CEOs? Tokenized stocks, of course.
AMC Entertainment chief executive Adam Aron criticized Robinhood Markets’ Vlad Tenev on X after the broker launched AMC stock tokens. AMC is among more than 190 companies and ETFs that are now linked to tokens registered by a Robinhood subsidiary on an island roughly 3,000 miles from the U.S.
Tenev’s response: “What’s the concern?”
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