Robinhood just dropped a 42-page suggestion on the U.S. Securities and Exchange Commission.
They’re saying, enough with the confusion, let’s get real about tokenized real-world assets.
And by real, I mean treating these digital twins of bonds, real estate, and stocks like the legit financial instruments they are, not some fancy derivatives or synthetic knockoffs.
Real world asset tokenization is a legal mess
RWAs are basically blockchain versions of physical assets. But right now? The regulatory game is all over the place.
States got their own rules, and it’s a mess. Robinhood’s telling the SEC, this patchwork system is killing innovation and slowing down progress.
They want a federal, standardized approach that treats tokenized assets the same way as their old-school counterparts.
Makes sense, right? If you’re buying a token that represents a bond, why should it be treated differently than the bond itself?
Robinhood’s got a plan, too. They’re pitching the idea of a Real World Asset Exchange.
Picture this, trades happening off-chain for speed and efficiency, but settlements locked in on-chain for transparency.
It’s like having the best of both worlds. Plus, they’re serious about compliance, bringing in heavy hitters like Jumio and Chainalysis to handle KYC and AML. No funny business allowed.
Big money
Now, why should you care? Because the tokenized RWA market isn’t some small-time hustle from the dark corner of the crypto market.
According to Boston Consulting Group and Ripple, this market could explode to $18.9 trillion by 2033.
That’s a 53% annual growth rate, no joke. The range? Somewhere between $12 trillion and $23.4 trillion, depending on how wild the ride gets.
Start?
Big players are already in the game. JPMorgan’s Kinexys platform has handled over $1.5 trillion in tokenized deals.
BlackRock’s BUIDL fund crossed the $1 billion mark earlier this year. The institutional money is flowing, and it’s only getting bigger.
So, Robinhood’s telling the SEC, stop dragging your feet. Modernize the rules, clear the fog, and let tokenized real-world assets shine.
Because this is about reshaping finance as we know it. And if you ask me, that’s a move worth watching.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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