Robinhood wants to launch the marketplace for Real-World Assets (RWAS)
The leading US broker Robinhood Markets Inc. has submitted a proposal to regulate the tokenization of Real-World Assets (RWA) at the Sec. This would enable the company to start their own marketplace for “RWAS”.
The broker noted on the Nasdaq dominated the stock business among retail customers. The company has also been offering cryptocurrencies for several years. Next, Real-World Assets (Rwas) consequences. Robinhood has submitted a regulatory proposal to the US Securities and Exchange Commission (SEC), as from agrowstar emerges. The proposal is part of the strategy to establish the new Robinhood Rwa Exchange (RRE) platform, which on the Blockchains Solana and Basebased.
Robinhoods vision for RWAS
The broker's proposal marks a turning point for the financial markets by linking traditional financial systems with blockchain technology. The RRE platform uses the Solana blockchain for its high transaction speed and low fees as well as base, an Ethereum Layer-2 solution, for scalability and security.
The aim of the project is to increase market efficiency, reduce costs and to improve liquidity through blockchain technology. The proposal includes federal standards for the output of tokenized assets, decentralized on-chain persecution and global KYC/AML-Conformity. Tokenization products currently manage around 22 billion USD. According to forecasts, the RWA market could grow to $ 30 trillion by 2030.
The architecture is intended to shorten the traditional T+2 settlement cycle to T+0 and reduce annual trading costs by 30%. Robinhoods CEO Vlad Tenev emphasized that the tokenization of RWAS is a new paradigm for institutional wealth allocation. Through transparent on-chain data and real-time notarization, the platform will promote and promote efficiency, which is particularly attractive for institutional investors.
Global effects and challenges
Robinhood's initiative could shape the global landscape of RWA tokenization, but faces regulatory and technical challenges. The lack of clear regulation for tokenized securities urgently requires a uniform federal framework in order to eliminate legal uncertainties.
In addition to Robinhood, further US financial titans are heavily based on tokenization. Since March 2024 offers black skirt a tokenized money market fund on Ethereum. This now manages $ 3 billion. And last week tthe investment bank jpmorgan A first RWA transaction on a public blockchain. It should be in the interest of everyone to support such regulatory initiatives.
