Robinhood Proposes SEC Rules to Regulate Tokenized RWAs
Robinhood has submitted a 42-page proposal to the SEC, advocating for a national regulatory framework for tokenized real-world assets (RWAs). The brokerage firm’s plan includes creating a legally recognized token representing U.S. Treasury bonds, which WOULD streamline the adoption of tokenized securities under existing regulations.
The proposal coincides with the launch of Robinhood’s new RRE platform, designed to trade asset-backed securities. The platform leverages off-chain agents for trade matching while settling transactions on the blockchain, aiming to enhance efficiency in the tokenized asset space.