According to Foresight News, Robinhood has submitted a 42-page proposal to the U.S. Securities and Exchange Commission aimed at creating a federal framework for tokenizing real-world assets to modernize the U.S. securities market. The plan may include tokenizing traditional assets such as bonds and stocks to achieve higher liquidity and transparency. Robinhood will also launch the Robinhood RWA Exchange (RRE) platform, which will use off-chain matching to improve speed and on-chain settlement to enhance transparency. It has integrated identity verification and anti-money laundering tools through Jumio and Chainalysis, aiming to meet global KYC/AML requirements.
If this proposal is approved, it will also allow broker-dealers like Robinhood to use existing regulatory safeguards (rather than independent and uncertain structures) to host and trade tokenized assets. According to The Trading View's research, RWA tokenization is expected to form a $30 trillion market by 2030.
