Robinhood submitted a 42 -page proposal to the American Securities and Exchange (SEC) commission, calling for a national framework to regulate real active assets (RWAS).
The brokerage house seeks to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and allowing forbes for compliant onchain regulations, reported on May 20.
In the proposal, Robinhood also revealed the creation plans for the exchange of real assets (RRE), a trading platform offering a commercial match outside Chain and an onchain regulation for efficiency and transparency.
Robinhood pleads for uniform federal standards in order to replace the patchwork of securities regulations at the level of the state which currently apply. The platform would also integrate Know Your Customer (KYC) and the anti-money laundering tools (AML) through partners like Jumio and Chainalysis to meet the global expectations of compliance.
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Robinhood requests the equivalence of token active ingredients
A key characteristic of the proposal is the thrust of the equivalence of Token-Asset. As part of the Robinhood plan, a token representing an obligation of the American Treasury, for example, would be treated as the link itself, and not as a derivative or synthetic product.
This would allow institutions and brokers to manage RWAS to tokenized in the existing regulation system, potentially rationalizing custody, negotiation and regulation processes.
Technically, Rre would be built on a double chain architecture using Solana and Base, according to an overview of Franklin Elevator’s proposal. The system is designed to combine the correspondence of exchanges outside the high frequency chain with the onchain colony.
Franklin Elevator said Robinhood projects that the platform will reach the latency and microsecond correspondence rate of less than 10 that can go up to 30,000 transactions per second.
This could include the standard settlement time for American capital markets from T + 2 to T + 0, reducing negotiation costs by around 30% per year.
“RWA tokenization represents a new paradigm for the allocation of institutional assets. Robinhood has committed to directing this trend in the context of a compliant framework,” said Robinhood CEO Vlad Tenev.
Cointelegraph holded out Robinhood to comment, but they had not responded in publication.
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The tokenization is growing
Robinhood’s proposal comes in the middle of a renewed wave of interest in RWA tokenization, with major players in traditional finance and crypto making the headlines last week.
On April 30, BlackRock filed a class to create a blockchain -based actions class for its Treasury fiduciary fund of $ 150 billion, allowing a large digital book to reflect the property of investors. The same day, Libre revealed its intention to tokensine $ 500 million in telegram debt via its new telegram bond funds.
On May 1, the Multibank group signed a 3 billion dollars tokenization agreement with the Immobilière des Eau Mag and the Blockchain Mavryk supplier.
“The recent increase is not arbitrary. This happens because everything is lining up,” said Eric Piscini, CEO of Hashgraph, at Cointelegraph. “The rules become clearer on the main markets. The technology is stronger, faster and ready to evolve. And the big players do it really,” he added.
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