The CEO of AMC has publicly slammed Robinhood's plans to offer tokenized stocks, arguing these products aren't regulated in the US. He also announced plans to request an independent review from an outside securities consultant.

What happened

AMC's chief took issue with Robinhood's approach to tokenized stocks, pointing out that there's no regulatory oversight for these instruments in the US. In response, he's looking to kick off an external legal review to get a professional opinion on whether these offerings actually comply with securities market rules.

Why it matters

This statement turns up the heat in the debate over the legal status of tokenized stocks. For platforms and their users, the big questions are still compliance, investor risk, and whether these products are structured the right way. The independent legal review aims to clear up the regulatory gray area.