Robinhood Proposes Federal Tokenization Framework, Targeting $30T Market

Robinhood has taken a decisive step toward modernizing U.S. financial infrastructure by submitting a proposal to the SEC for a national regulatory framework governing tokenized real-world assets (RWAs). The brokerage firm’s initiative places it at the vanguard of a sector projected to grow to $30 trillion by 2030.

The proposal advocates for legal equivalence between tokenized assets—such as Treasury bonds or equities—and their traditional counterparts. This clarity WOULD resolve current ambiguities, enabling institutions and broker-dealers to manage tokenized RWAs under existing federal frameworks instead of navigating fragmented state-level securities laws.

By pushing for unified federal oversight, Robinhood seeks to streamline compliance, lower operational costs, and broaden institutional participation in the burgeoning tokenized asset market.