SEC Draws Line on Robinhood AMC Token Debate — SkimNews

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- The SEC has drawn a line in the debate over Robinhood's AMC token, where the central argument has centered on which tokenization model is legitimate.
- Tram Doman of Bullish argues the next question is what has to be true for any tokenized offering to actually constitute a functioning market.
Why it matters: By shifting the question from which tokenization model is legitimate to what must hold for any offering to be a market, Doman pushes past the regulatory horse-trading and toward a baseline standard tokenized stocks must clear to be treated as investable instruments.
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