Robinhood Stock Tokens provide economic exposure but grant holders no ownership or voting rights whatsoever.IOSG estimated tokenized AMC supply expanded nineteenfold as arbitrageurs responded to an onchain price premium.AMC shares rose during premarket trading, although researchers could not isolate token related buying precisely.Dynamic creation and redemption can close premiums, limiting sustained squeezes in genuinely backed stock tokens.Market closures can interrupt issuance, leaving token prices temporarily exposed to thin liquidity and premiums.