Robinhood Proposes SEC Framework to Legalize Tokenized Assets Across the U.S.
Robinhood has filed a 42-page proposal with the SEC, aiming to create a federal framework for issuing and trading tokenized real-world assets (RWAs) in the U.S. The plan seeks to replace the current patchwork of state regulations with a unified structure that integrates seamlessly with existing financial systems.
Key Highlights:
Legal Recognition for Tokenized Assets: Robinhood wants tokenized RWAs like equities and bonds to be treated as legally equivalent to their real-world counterparts. This would enable traditional broker-dealers to manage them without new structures.
Real World Asset Exchange (RRE): A proposed trading platform combining off-chain trade matching with on-chain settlement to enhance efficiency and transparency.
Blockchain Focus: The initiative emphasizes using Solana and Base blockchains to power tokenized asset infrastructure.
Why It Matters:
Efficiency & Transparency: Real-time tracking and faster settlement can cut trading costs.
Institutional Adoption: A clear regulatory path could attract more institutional players.
Global Leadership: This move could position the U.S. as a leader in blockchain-integrated finance.
Robinhoodโs plan bridges traditional finance and Web3, aiming to future-proof U.S. capital markets through tokenization.
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