AMC Entertainment

Bullish, Equiniti, Alpaca, Apex Fintech Solutions and DriveWealth have formed a coalition focused on issuer-sponsored tokenized securities. The initiative aims to keep onchain shares connected to official shareholder records, preserving rights such as voting, dividends and corporate action participation.

Robinhood is working to add one-for-one share redemptions and voting rights to its offshore stock token product after rising questions over ownership rights. The debate highlights how tokenized equity products can offer sharply different claims, even when they track familiar stock tickers.

Robinhood CEO Vlad Tenev pushed back against AMC Entertainment CEO Adam Aron’s criticism of stock tokens tied to AMC shares. The clash has sharpened debate over tokenized equities, issuer consent, shareholder rights, and price tracking in thin digital markets.

AMC Entertainment CEO Adam Aron said the company has no connection to Robinhood’s tokenized AMC shares and does not condone the product. The dispute has put renewed focus on how stock-linked tokens are structured, marketed and understood by investors.