According to CoinMeta, Adam Allen, the CEO of AMC Entertainment, has rejected the tokenization products related to AMC's stock by Robinhood and stated that the cinema chain will seek legal advice regarding products created without the company's involvement. Allen pointed out that AMC has no association with Robinhood's efforts to tokenize real assets and stock tokens, despite the product using the company's name and tracking its publicly traded stock. He described this practice as "despicable" and "indignant," and said that the company plans to have external securities advisors review the matter. Allen's opposition mainly focuses on the distinction between AMC's publicly traded stock and blockchain financial products intended to provide price exposure. Robinhood's stock tokens do not make investors shareholders in the companies they track.