Robinhood CEO Vlad Tenev addresses criticism over tokenized stocks

Robinhood CEO Vlad Tenev defended the platform's tokenized stock products, stating that public companies should not have veto power over financial instruments that reference freely transferable shares without altering shareholder rights or issuer obligations. Tenev's comments follow criticism from AMC Entertainment CEO Adam Aron regarding Robinhood's AMC-linked tokens. Tenev compared these products to existing financial instruments like options and unsponsored American depositary receipts, emphasizing that moving assets on-chain does not grant issuers control over separate financial instruments.