AMC CEO criticizes Robinhood tokenized stock plan
AMC CEO Adam Aron said the company has no affiliation with Robinhood’s tokenized stock offerings offering economic exposure to AMC shares, adding AMC will have securities counsel investigate.
Adam Aron, chief executive officer of AMC Entertainment Holdings, criticized Robinhood’s tokenized stock offerings that provide economic exposure to AMC shares. He said the company has no affiliation with the products and that securities counsel will investigate the matter. Robinhood’s stock tokens are not registered under…