Robinhood Vs. AMC: Vlad Tenev Responds to Tokenized Stock Criticism

Robinhood CEO Vlad Tenev said public companies should not be able to veto tokenized stock products that create separate financial instruments without changing shareholder rights, issuer obligations, or a company’s official shareholder ledger.

The comments, posted on X, responded to criticism from AMC Entertainment CEO Adam Aron over Robinhood’s AMC-linked tokens and highlighted a dispute over the structure and rights associated with tokenized stock products.This latest drama for Robinhood comes as the firm’s Layer-2 network approaches $1Bn in Total Value Locked (TVL) and the on-chain stablecoin market cap recently surpassed $1Bn.

Robinhood CEO Vlad Tenev responds to AMC's Adam Aron.Tenev says they won't be hugging it out anytime soon, but is open to a call and loves a good debate.

pic.twitter.com/eIjS4DHdhH— Yahoo Finance (@YahooFinance) September 10, 2026 How Has Tenev Responded to the Criticism from AMC?Tenev said issuer consent depends on whether a tokenized product changes the rights attached to the underlying shares, creates new obligations for the company or its transfer agent, or replaces the authoritative shareholder record.