CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights. www.coindesk.com
Robinhood
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In brief Robinhood’s crypto trading volume rose 61% month over month to $17.5 billion in August, according to new operating data. The …
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Markets
Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
by shayaanby shayaanIn a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not separate products that track their publicly …
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Robinhood Markets stock (NASDAQ: HOOD) ended Friday at $122.11, capping a volatile week in which Wall Street became markedly more bullish on …
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Scams
Robinhood Takes Equity Stake in Crypto.com, Taps Exchange to Power Prediction Markets
by shayaanby shayaanIn brief Robinhood and Crypto.com’s OG.com, announced a multi-year deal Tuesday making OG.com an infrastructure and clearing provider for Robinhood’s Prediction Markets …
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Regulation
Robinhood defies AMC as fight tests issuer control over stock tokens
by shayaanby shayaanRobinhood has turned down AMC Entertainment’s request to stop trading in blockchain-linked tokens related to the movie theater company’s stock. This has …
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In a significant move for decentralized finance, Morpho has announced that agents can now run its services across the Robinhood Chain and …
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Pendle has launched its first yield-trading market on Robinhood Chain, giving sNET holders access to fixed and variable yield positions until the …
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Finance
AMC CEO blasts Robinhood for stock token, putting synthetic shares in spotlight
by shayaanby shayaanAMC Entertainment CEO Adam Aron lashed out at Robinhood’s tokenized version of the movie-theater chain’s shares Thursday, shining a spotlight on synthetic …
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Markets
AMC CEO tells Robinhood to stop issuing stock token as industry executives weigh in
by shayaanby shayaanAdam Aron said synthetic AMC shares could divert demand from the actual stock and strip investors of shareholder rights, drawing support from …