AMC CEO Adam Aron said in a post on X that Robinhood CEO Vlad Tenev and Chief Legal Officer Dan Gallagher should apply the same principles overseas that the company has backed in the United States on tokenized equities. Aron said Robinhood had previously supported the U.S. Securities and Exchange Commission’s position on stock tokenization, including the view that tokenized shares should carry voting rights and that companies should have the option to opt out. He added that Robinhood would look "hypocritical" if it failed to follow those principles in its overseas business. Aron also urged the company not to go against the SEC’s position and said it should not "openly defy and provoke the SEC." The remarks were reported by ChainCatcher.
According to ChainCatcher, AMC Chief Executive Officer Adam Aron again named Robinhood Chief Executive Officer Vlad Tenev and Chief Legal Officer Dan Gallagher in a post on X.
Aron said Robinhood had previously backed the U.S. Securities and Exchange Commission’s position on the tokenization of U.S. stocks. That position, he said, includes the view that tokenized shares should carry voting rights and that companies should be able to opt out.
Aron also said Robinhood would be "hypocritical" if it did not apply the same principles in its overseas business. He urged the company not to go against the SEC’s position and said it should not "openly defy and provoke the SEC."
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