Robinhood to Add in-Kind Redemption and Voting for Stock Tokens
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5 Articles
Robinhood Says Shares And Votes Are Coming For Stock Tokens
Crypto chief Johann Kerbrat said on Monday that in-kind redemption and voting are on the roadmap for Robinhood Stock Tokens. The base prospectus governing the tokens says holders are not entitled to physical delivery of the underlying shares and have no voting rights, and the final terms let the
Robinhood prepares new features for its Stock Tokens, including 1:1 redemption mechanisms and voting rights, while the product exceeds $170 million in blocked total value.
Robinhood to add in-kind redemption and voting for Stock Tokens as TVL tops $170M
Robinhood's enhancements could redefine tokenized securities, potentially boosting credibility or reinforcing doubts if challenges persist. The post Robinhood to add in-kind redemption and voting for Stock Tokens as TVL tops $170M appeared first on Crypto Briefing .
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