Robinhood (HOOD) Stock: Voting Rights and Share Redemptions Coming to Stock Tokens
TLDR
- Robinhood CEO Vlad Tenev confirmed voting rights and one-for-one share redemptions are coming for its Stock Tokens
- Current stock tokens only offer price exposure and are structured as synthetic debt instruments, not direct ownership
- AMC Entertainment CEO Adam Aron publicly called on Robinhood to stop offering AMC-linked tokens, sparking the debate
- Coinbase is also adding voting rights to its tokenized stocks, which already support one-for-one redemptions and dividends
- Critics, including Securitize CEO Carlos Domingo, argue calling these products “stock tokens” is misleading to investors
Robinhood is moving to add shareholder rights to its Stock Tokens after public criticism over what investors actually own. CEO Vlad Tenev confirmed on X that in-kind redemptions and voting rights are on the way.
In-kind redemption and voting are coming for Robinhood Stock Tokens https://t.co/N61gOOEJQU
- Vlad Tenev (@vladtenev) September 14, 2026
Johann Kerbrat, Robinhood’s head of crypto, added that the company is actively working on one-for-one share redemptions, with voting for eligible token holders on the roadmap. He pointed to Robinhood’s Say platform as the infrastructure Robinhood could use for voting.
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