Who's Right on Tokenized Stocks? AMC CEO Adam Aron, or Robinhood CEO Vlad Tenev

Robinhood has been recently launched tokenized stocks, instruments that allegedly give you a 1:1 claim with shares. At one point, AMC's tokenized share was trading around $240, while its actual stock was trading around 1% of that.

Now they're going at it. Who's in the right, and what's the play?