Robinhood CEO Discusses Why Stock Tokenization Does Not Require Issuer Approval

Robinhood CEO Vlad Tenev argues that stock tokenization does not inherently require issuer approval, provided the product acts as an independent financial instrument backed 1:1 by underlying shares without altering corporate rights or shareholder records. Tenev emphasizes that investors should have the right to choose how they hold and utilize their assets, drawing parallels to historical market infrastructure shifts like the move to electronic book-entry systems. He asserts that while companies control the rights attached to their shares, they should not have the authority to restrict legitimate uses of those shares once they are owned by investors.