Robinhood Proposes Federal Guidelines for Blockchain-Based Securities Trading
Robinhood has submitted a comprehensive 42-page proposal to the SEC, advocating for a regulatory framework to govern tokenized real-world assets (RWAs). The plan seeks to establish legal parity between digital tokens and traditional securities like equities and bonds, potentially unlocking a $30 trillion market by 2030.
The proposal outlines a Real World Asset Exchange (RRE) model combining off-chain order matching with on-chain settlement. This hybrid approach aims to modernize U.S. securities markets while maintaining strict compliance with existing regulations. The MOVE signals growing institutional recognition of blockchain’s potential to transform capital markets infrastructure.