AMC jumps nearly 20% premarket as CEO Aron targets Robinhood tokens
AMC shares rallied nearly 20% in premarket after CEO Adam Aron criticized Robinhood’s efforts to issue tokenized real-world assets, including AMC stock tokens, and said he would not hesitate to pursue a legal battle.
AMC Entertainment Holdings (AMC) CEO Adam Aron raised serious concerns over Robinhood Markets Inc.’s (HOOD) efforts to issue tokenized real-world assets, particularly tokens of AMC stock, and warned the fintech firm’s CEO that he would not hesitate to start a legal battle.“I find this practice to b…