TLDR Tech / Crypto
Could Robinhood stock tokens ever carry voting rights?
Robinhood's tokenized stocks (structured as debt securities issued by a Jersey entity, backed 1:1 by real shares in US custody) could theoretically let tokenholders direct the underlying shares' proxy votes if Robinhood built an on-chain voting mechanism. This could potentially let a large-enough token holder bloc support board nominees at real public companies, raising concerns about outside/foreign influence over US corporate governance.
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