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      Robinhood to Introduce Share Redemption and Voting Rights for Stock Tokens

      Robinhood has announced plans to allow holders of its Stock Tokens to redeem them for actual shares and exercise voting rights associated with those shares. Johann Kerbrat, the company's senior vice president and general manager of international and crypto, shared this development on social media, stating that while in-kind redemption and voting rights are not yet available, they are part of the company's roadmap. CEO Vlad Tenev also confirmed this initiative, emphasizing the importance of scaling adoption of Stock Tokens.

      Currently, Robinhood's Stock Tokens are classified as tokenized debt securities issued from Jersey, which means that redemptions are settled in cash rather than through physical delivery of shares. The existing prospectus clearly states that investors do not have shareholder rights, including voting rights, related to the underlying assets. This has led to disputes within the industry, particularly highlighted by AMC Entertainment CEO Adam Aron's criticism of the AMC stock token model.

      To facilitate voting, Robinhood operates a platform called Say by Robinhood, which enables shareholders to engage in corporate actions. The company has also reported significant trading volumes for its Stock Tokens, with total value locked reaching over $170 million and nearly $50 billion in decentralized exchange volume across its ecosystem. As of September 14, 2026, Robinhood lists more than 190 Stock Tokens, with its stock trading at $113.85.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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