Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens
60-second summary
Robinhood CEO Vlad Tenev tells CNBC’s “Squawk Box” that public companies must not wield veto power over third‑party securities referencing their shares, directly challenging AMC’s chief in a growing token dispute; he argues that such restrictions hinder innovation and market access, suggesting that continued regulatory pushback could pressure exchanges to adopt more flexible token‑trading frameworks.
Tenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over third-party securities that reference their shares.