Robinhood has filed a 42-page proposal with the U.S. Securities and Exchange Commission (SEC), seeking a federal framework to enable the legal issuance and trading of tokenized real-world assets (RWAs) across the United States. The company’s plan outlines a structural approach aimed at integrating tokenized markets within the existing financial system. Robinhood Plan to Legalize Tokenized Assets According to Forbes, Robinhood’s submission is designed to create a unified legal foundation for tokenized assets in the U.S. The proposal calls for nationwide regulatory clarity, moving away from fragmented, state-based systems that currently oversee securities trading. The document proposes that tokens backed by real-world assets, such as equities or government bonds, be considered legally equivalent to the actual assets. Robinhood’s plan would allow existing broker-dealers to manage these tokenized assets under current regulations without needing a separate structure. This legal change could remove ambiguity around ownership and eliminate the need for duplicate… Read More at Coingape.com
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