Robinhood is planning to add in-kind redemption and voting capabilities to its Stock Tokens product, which provides economic exposure to over 190 US equities and ETFs via the Robinhood Chain blockchain. Currently, token holders do not own the underlying shares but hold a claim on them, which deprives them of voting rights. This limitation became problematic during a dispute with AMC Entertainment in September 2026. In-kind redemption would allow holders to convert their tokens into actual securities, while implementing voting rights faces legal obstacles related to the product’s debt securities structure.
Source: Read the original article
