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AMC CEO Slams Robinhood Tokenized Stocks, Meme Coin Surges

AMC CEO Adam Aron attacked Robinhood’s tokenized stock offering, calling it ‘despicable’ and stressing AMC has no connection. The criticism came after Robinhood reported $3B in on-chain equity token DEX volume within 63 days. A meme coin named MEME on Robinhood Chain surged to $150M market cap amid the spat, and AMC’s stock rose over 20% premarket.

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