Robinhood Defies AMC’s Takedown Attempt Over Onchain Stock Token

Robinhood refuses to remove AMC token despite legal pressure

Robinhood is refusing to take down a tokenized share of AMC Entertainment on its crypto app. The cryptocurrency exchange recently received legal demands from AMC and Fireblocks, which holds AMC’s securities in custody. Robinhood responded with a short letter calling the requests "unfounded" and "malicious. "

Key details of the dispute

• Robinhood launched the tokenized AMC asset on the Base network in July 2026.
• AMC filed a DMCA request claiming Robinhood infringed on its intellectual property. Robinhood called that claim "legally meritless" and removed its contact info from the dispute platform instead of removing the listing.
• Fireblocks sent a CDMTA complaint accusing Robinhood of violating its contract. Robinhood stated it was not a party to any Fireblocks contract with AMC.
• Robinhood also filed its own DMCA counter notice and reported AMC to U.S. authorities for suspected securities law violations.

Robinhood’s public stance

Robinhood said its goal is to offer users onchain access to stocks and treasury bills, calling these services a natural evolution of investing. The company plans to continue expanding tokenized asset offerings after adding tokenized stocks and money market funds earlier this year.

What remains unclear

It is not yet clear how U.S. regulators or courts will rule on the competing claims. The dispute involves questions about intellectual property rights, contract enforcement between third parties, and whether tokenized stock listings comply with securities laws.

Why this matters for digital finance

The case tests whether major investment platforms can list tokenized shares of publicly traded companies when those companies object. A ruling against tokenized listings could slow the move to bring traditional assets onchain, while a ruling in Robinhood’s favor would support broader onchain stock products.

Sources

• Decrypt