AMC CEO Adam Aron Presses Robinhood on Whether Offshore Tokenized-Stock Business Follows SEC Rules

The exchange is between a listed company CEO and a retail brokerage over whether tokenized-equity rules apply beyond US borders, which is the real fault line here: the SEC framework Robinhood endorsed governs domestic issuance, while its Jersey venue sits outside that perimeter. AMC's stake is direct, since tokenized AMC exposure traded offshore could sit beyond the company's control. Whether Robinhood answers on the record, and whether offshore tokenized equities get pulled into the same disclosure regime, is the open question.