Robinhood has filed a 42-page proposal with the U.S. Securities and Exchange Commission (SEC), seeking a federal framework to enable the legal issuance and trading of tokenized real-world assets (RWAs) across the United States. The company’s plan outlines a structural approach aimed at integrating tokenized markets within the existing financial system.
Robinhood Plan to Legalize Tokenized Assets
According to Forbes, Robinhood’s submission is designed to create a unified legal foundation for tokenized assets in the U.S. The proposal calls for nationwide regulatory clarity, moving away from fragmented, state-based systems that currently oversee securities trading.
The document proposes that tokens backed by real-world assets, such as equities or government bonds, be considered legally equivalent to the actual assets. Robinhood’s plan would allow existing broker-dealers to manage these tokenized assets under current regulations without needing a separate structure. This legal change could remove ambiguity around ownership and eliminate the need for duplicate systems.
Robinhood’s proposal also includes the development of a new trading platform named the Real World Asset Exchange (RRE). This system is expected to combine off-chain matching for trading efficiency with on-chain settlement to ensure transparency and traceability.
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Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
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