Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
60-second summary
Robinhood CEO Vlad Tenev asserts that while securities issuers must retain control over shareholder rights, they should not wield veto power over separate products that mirror their publicly traded shares, such as stock tokens. He made the comment amid the AMC token dispute, warning that limiting token innovation could stifle market liquidity and broader crypto‑finance integration.
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.