Robinhood has submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs).
The brokerage firm is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20.
In the proposal, Robinhood also reveals plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and on-chain settlement for efficiency and transparency.
Robinhood is advocating for uniform federal standards to replace the patchwork of state-level securities regulations that currently apply. The platform would also integrate Know Your Customer (KYC) and Anti-Money Laundering (AML) tools through partners like Jumio and Chainalysis to meet global compliance expectations.
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Robinhood asks for token-asset equivalence
A key feature of the proposal is the