AMC2026-10-16 15:01:49AMC CEO Says Company Will Not Approve Robinhood Stock Tokens in the USAMC’s chief executive said the company will not consent to Robinhood’s stock tokens being offered in the United States, according to TheDefiant. The report says Robinhood’s offshore stock tokens do not grant shareholder rights. It also notes that a new U.S. trading framework from the Securities and Exchange Commission gives issuers a limited ability to object. The development puts the question of issuer approval at the center of how tokenized equities could be handled in the U.S. market, even as offshore products remain structurally different from direct share ownership.420
AMC2026-10-16 00:03:23AMC CEO renews opposition to Robinhood’s AMC stock token issuance in the U.S.AMC CEO Adam Aron said again on X that the company opposes Robinhood’s issuance of tokens in the United States that replicate AMC shares. Aron described the instruments as "fake synthetic shares" and said they could affect AMC’s capital structure. He also said the U.S. Securities and Exchange Commission has required Robinhood to obtain AMC’s consent, or at least make sure the company does not object. Aron added that AMC should control its own financial destiny rather than leave that decision to Robinhood. The comments mark another public objection from AMC’s top executive as the company pushes back against tokenized products tied to its stock.540
AMC2026-09-28 14:43:50AMC CEO calls out Robinhood executives again over SEC stance on tokenized stocksAMC 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.510
Robinhood2026-09-28 09:06:11Robinhood’s AMC token spike points to a bigger gap: issuance is not the same as having a real marketA sharp move in Robinhood’s tokenized AMC product has reopened a broader debate over what it takes for onchain equities to function like actual markets rather than isolated trading venues. In a commentary cited by MarsBit, Bullish’s Tram Doman argues that the key issue is no longer limited to whether wrapped stock tokens or issuer-sponsored tokens are the more legitimate model. The harder question is market structure: who can create and redeem, how traders hedge outside cash-market hours, and what tools market makers can use to keep prices aligned. The AMC token traded on Robinhood Chain stayed relatively close to the New York Stock Exchange close during regular trading periods, but it behaved very differently when the underlying market was shut. On Sept. 3 near midnight, the token jumped from $2.55 to $23.16 before falling back to $3.26 within the same hour, with roughly $10.5 million in pool volume. Doman says that move did not reflect textbook arbitrage. Instead, holders were using their own capital to take directional bets because the structure lacked the conversion and hedging rails needed for true arbitrage. The piece contrasts wrapped tokens, which expand access across borders but carry counterparty and price-alignment risks, with issuer-sponsored tokens, or ISTs, which preserve shareholder rights and remove some conversion risk but still have limited names and thin liquidity. The argument is that tokenized equities will need shared infrastructure across exchanges, brokers, market makers, transfer agents, asset managers, and clearing venues before either model can mature.550
Robinhood2026-09-28 09:00:57Robinhood’s AMC Token Spike Exposed a Bigger Problem: Issuance Alone Does Not Build a MarketRobinhood’s tokenized AMC product briefly traded at nearly nine times AMC’s New York Stock Exchange close during off-hours, then quickly fell back, reigniting debate over what tokenized equities are supposed to be. The public clash between AMC CEO Adam Aron and Robinhood CEO Vlad Tenev centered on whether these products are legitimate, but Bullish’s Tram Doman argues the harder question is what qualifies as a functioning market in the first place. Using Robinhood Chain data, the article shows that while AMC token prices stayed relatively close to the NYSE close across seven trading sessions, the mechanism broke down when the underlying equity market was shut. Doman’s argument is that wrapped tokens and issuer-sponsored tokens solve different problems. Wrapped tokens extend access, especially outside the U.S., but carry counterparty risk, weaker investor rights and limited arbitrage when the cash equity market is closed. Issuer-sponsored tokens keep the legal and economic features of the stock itself, including voting rights and corporate actions, but remain scarce and thinly traded. The key issue, he says, is not simply who gets to mint a stock token. It is whether the market has the infrastructure, conversion rails, settlement design and market-making tools needed to connect both sides into a continuous venue rather than two disconnected systems.580
Robinhood Cry2026-09-20 02:51:53Messari says Robinhood Crypto settled more than 2% of trading volume in DJT, HIMS and AMC tokensTechub News, citing a post from @MessariCrypto, said Robinhood Crypto settled more than 2% of the trading volume in DJT, HIMS and AMC tokens yesterday. The claim compared Robinhood Crypto’s settlement activity in those tokenized names with the trading volume seen on its traditional finance exchange. No additional figures, breakdowns or timing details beyond 「yesterday」 were provided in the source input. The update was presented as a brief market data point rather than a longer report, with the attribution tied directly to MessariCrypto’s social media post.700
Binance2026-09-19 03:31:43Binance lists five new TradFi perpetual contracts with up to 20x leverageBinance added five new TradFi perpetual contracts on Sept. 19, according to BlockBeats. The newly listed contracts track Hut 8 (HUT), UiPath (PATH), Arista Networks (ANET), AMC Entertainment (AMC), and Cypherpunk Technologies (CYPH). Binance said the contracts are available for 24/7 trading and support leverage of up to 20x. The update expands the exchange’s TradFi perpetual contract lineup with five additional names in a single move.820
Robinhood2026-09-16 00:45:41AMC challenges Robinhood’s tokenized stock model as issuer consent debate intensifiesRobinhood’s tokenized stock business has become the latest flashpoint in the debate over whether public companies should have any say when third parties build blockchain-based financial products tied to their shares. After on-chain data showed that Robinhood’s stock-token DEX volume had exceeded $3 billion in just 63 days, covering more than 190 listed companies including AMC, AMC CEO Adam Aron publicly said the company had nothing to do with the tokenized versions of its stock and said outside securities counsel had been asked to examine the structure’s legality. At the center of the dispute is a basic question with broad implications for tokenized equities: once a stock is publicly traded, can another firm package exposure to it without the issuer’s approval, so long as shareholder rights are not transferred? Robinhood says yes. AMC is pushing back, while also questioning whether the underlying shares backing the tokens are truly ring-fenced if they can be lent out to short sellers. The clash comes as Nasdaq and Kraken parent Payward back a different tokenized equity design, one that would preserve issuer control and voting rights under a planned NET product slated for the second quarter of 2027. With U.S. regulators still short of a formal ruling on structures like Robinhood’s, the market is moving faster than the rulebook.1270