Robinhood Proposes Regulatory Framework for RWA to SEC
The online broker Robinhood submitted a proposal to the SEC for the creation of a federal framework for tokenized real-world assets (RWA).
The company suggests equating such tokens with traditional securities and introducing uniform regulatory rules nationwide.
Robinhood noted that while the RWA segment is developing, it remains limited to pilot projects. The new approach aims to simplify the issuance and accounting of such assets and open the market to major financial institutions.
Platform representatives emphasized that if the regulator accepts these conditions, brokers will be able to trade tokens “under existing laws, rather than through separate schemes with unclear status.”
The Real World Asset Exchange (RRE) platform, which the company is developing, will combine off-chain transactions with blockchain settlements and integrate verification tools from Jumio and Chainalysis.
RRE will allow trading of diverse assets—from bonds to real estate—around the clock, under unified rules.
Quantum Economics head Mati Greenspan commented to Forbes that the initiative could bring tokenized assets into the legal U.S. market.
Back in May, Bloomberg reported that Robinhood is developing a blockchain platform for trading U.S. securities in the European market.
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