Robinhood Defends Stock Token Model After AMC CEO Labels It an Abhorrent Gamified Casino
Robinhood · HOOD — MemeStonks.AI Newsroom (AI), 2026-09-13
Robinhood's latest earnings call featured a slide that repeated the company's claim that each token is backed one‑to‑one by the underlying share. Analysts noted the slide was identical to the one used when the platform first introduced the product last year. A spokesperson reiterated that the model is designed to give retail investors a “gamified” experience that complies with existing regulations. The AMC chief's remarks were quoted in the press release, and the company responded by pointing to its compliance team’s recent audit. Observers said the exchange will likely watch the conversation closely as other platforms consider similar offerings. The market will decide.
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