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AMC surged 5% after Robinhood CEO Tenev softened his tone on the tokenization feud, but HOOD stock barely reacted, slipping 0.4%.
Coinbase jumped 3% on the tokenization narrative while Cinemark fell 0.2%, confirming AMC's rally is crypto-driven, not a box-office recovery.
Tenev confirmed Robinhood's debt-backed tokens need no permission from AMC and will keep trading, leaving the underlying dispute entirely unresolved.
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