Tag · 3 entries
AMC
Every story this desk has filed under AMC, most recent first.
Robinhood Chain · Consent
AMC's Chief Executive Says the Cinema Chain Will Not Let Robinhood Tokenize Its Shares
Adam Aron said AMC would withhold consent for Robinhood stock tokens in the United States. Under the SEC's new framework, an issuer's objection is enough to keep a token off the board.
Robinhood Chain · Stock Tokens
Tenev Draws the Line: A Company Should Not Get a Veto Over Its Own Stock Token
Robinhood's chief executive told CNBC that public companies should not hold veto power over third-party securities referencing their shares, and conceded that holders of the tokens have no voting rights.
Tokenized Equities · Issuers
AMC's Chief Executive Says the Company Has Nothing to Do With Its Own Stock Token
Adam Aron publicly distanced AMC from tokenized shares trading against its ticker, reopening the question of what a stock token is when the issuer never agreed to it.