Bankless · Friday, September 11, 2026
AMC CEO Adam Aron has strongly criticized Robinhood's offering of tokenized AMC stock, calling the practice 'contemptible, outrageous, disgusting, despicable, and vile.' He questioned the legality and ethical implications, particularly the lack of shareholder rights and governance for token holders. Robinhood CEO Vlad Tenev defended the initiative, highlighting its availability in over 120 countries and its role in providing access to new investor bases.
“I find this practice to be contemptible, outrageous, disgusting, despicable, it's vile. How can this possibly be legal?”
“Vlad Tenev, the CEO of Robinhood, he replied to this statement. very long paragraph of text on that Adam Aaron, the AMC CEO put on Twitter. He simply replied, What's the concern? Question mark.”
“These are products available outside the US in 120 plus countries. And in a lot of those places, People don't have easy access to U.S. equities.”