Robinhood Proposes to the SEC to Create a Single Regulation for Tokenized RWA

In its appeal, the company insists that such tokens be equated to traditional securities. This would allow for the establishment of common regulatory rules at the national level, which, according to Robinhood, would simplify both the issuance of tokens and their subsequent accounting.

According to the company's representatives, the RWA sector is currently showing growth, but its development is constrained by the framework of experimental projects and the lack of clear regulatory support. If the SEC accepts their proposals, brokerage platforms will be able to trade tokens in accordance with established laws, rather than relying on temporary solutions with an unclear legal status.

In addition to the regulatory initiative, Robinhood is developing its own Real World Asset Exchange (RRE) platform, which will combine traditional (off-chain) transactions with blockchain settlements. The system will integrate verification tools from Jumio and monitoring tools from Chainalysis, which will provide an additional level of security and transparency.

The RRE platform will operate around the clock and will provide users with the opportunity to trade various types of assets - from government bonds to real estate - within a single legal framework.

According to analyst and head of Quantum Economics Mati Greenspan, voiced in an interview with Forbes, the Robinhood initiative is capable of legalizing the tokenized asset market in the United States and creating conditions for large investors and organizations to participate in it.

Earlier in May, Bloomberg reported that Robinhood was working on creating a blockchain solution for trading American securities in Europe.