Robinhood CEO: Public Companies Have No Right to Block Third Parties from Creating Blockchain Products Linked to Their Stocks

Odaily News: Robinhood CEO Vlad Tenev further defended stock tokens, stating that public companies should not have the right to prevent third parties from creating blockchain products linked to their stocks. He noted that the key issue is not whether a product uses blockchain technology, but rather the rights it generates; companies should control the rights attached to their stocks, not every lawful use of those stocks once they reach investors' hands. Bringing assets on-chain should not grant issuers veto power they would not otherwise possess off-chain.