AMC CEO asks Robinhood to stop issuing stock tokens; experts support the move

• Adam Aron, AMC's CEO, called on Robinhood to stop issuing stock tokens (synthetic shares on the blockchain)
• He is concerned that stock tokens will draw demand away from real shares and leave investors without shareholder rights
• Some executives in the tokenization industry expressed support for Aron's view
• The incident reflects the ongoing debate over the boundary between traditional stocks and tokenized products on the blockchain

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Source: CoinDesk