Morning Edition · Saturday, September 12, 2026Published at 1:48 AM EDT · New York

Robinhood's Chief Executive Says Companies Should Not Hold a Veto Over Tokens Tracking Their Shares

The dispute with AMC arrives as the Securities and Exchange Commission opens a 60-day rulemaking on blockchain-based shareholder registers and an Indian state drafts a plan to tokenize public infrastructure.

Vlad Tenev, chief executive of Robinhood, argued that securities issuers should control shareholder rights but not separate products that track their publicly traded shares, in a post responding to a dispute with the cinema chain AMC. The p…