Robinhood CEO: issuers should not have veto power over tokenized stocks
- —Tenev: issuers should be involved only when shareholder rights change
- —For instruments backed by shares, issuer veto power is not needed
- —Robinhood is developing stock tokenization amid disputes over rights
Why it matters: Robinhood's stance could accelerate stock tokenization by reducing issuer control over secondary products.
Source: Cointelegraph