AMC
AMC CEO challenges Robinhood’s 1:1 token backing
AMC CEO Adam Aron questioned whether Robinhood’s stock tokens remain fully backed if collateral shares are lent to short sellers.
AMC
AMC
Robinhood AMC tokens expose limits of short squeezes
Robinhood’s AMC stock token gained an onchain premium, but dynamic issuance and arbitrage limited its ability to squeeze the real stock.
Adam Aron
AMC’s CEO lost his mind over a Robinhood token he did not know existed
Adam Aron discovered that Robinhood had tokenized AMC stock on its own blockchain without telling anyone at AMC. His reaction set off a corporate brawl that…