Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly traded shares.
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Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens
Tenev told CNBC’s “Squawk Box” on Wednesday that public companies shouldn’t have veto power over third-party securities that reference their shares.
AMC CEO tells Robinhood to stop issuing stock token as industry executives weigh in
Adam Aron said synthetic AMC shares could divert demand from the actual stock and strip investors of shareholder rights, drawing support from some tokenization executives.
Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan’s regulators are racing to modernize national settlement systems to prevent institutional investors and foreign capital from fleeing to overseas markets.
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Trading volume for tokenized stocks and ETFs surged 288% to a record $11.3 billion in July, though most of the increase came from a single Binance-linked token. Binance bStocks accounted for $9.41 billion, or 83.3% of the total, according to CoinDesk Data’s latest Stablecoins &… Read More
Securitize (SECZ) takes $295M of its own tokenized stock to Solana, Avalanche amid NYSE debut
The opportunity has drawn growing interest across Wall Street. Citi projected that tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033. “We have long said that public equities are moving… Read More