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Robinhood proposes SEC rules for tokenized real-world assets

Robinhood 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 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 revealed plans for creating the Real World Asset Exchange (RRE), a trading platform offering offchain trade matching and onchain 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 push for token-asset equivalence. Under Robinhood’s plan, a token representing a US Treasury bond, for instance, would be treated as the bond itself, not a derivative or synthetic product.

That would allow institutions and broker-dealers to handle tokenized RWAs within the existing regulatory system, potentially streamlining custody, trading and settlement processes.

Robinhood proposes SEC rules for tokenized real-world assets
Source: Cointelegraph

Technically, RRE would be built on a dual-chain architecture utilizing Solana and Base, according to an overview of the proposal by Franklin Elevator. The system is designed to combine high-frequency offchain trade matching with onchain settlement.

Franklin Elevator said Robinhood projects the platform will achieve sub-10 microsecond matching latency and throughput of up to 30,000 transactions per second.

This could compress the US capital markets’ standard settlement time from T+2 to T+0, cutting trading costs by an estimated 30% annually.

“RWA tokenization represents a new paradigm for institutional asset allocation. Robinhood is committed to leading this trend under a compliant framework,” Robinhood CEO Vlad Tenev said.

Cointelegraph reached out to Robinhood for comment, but they hadn’t responded by publication time.

Related: SEC Chair: Blockchain ‘holds promise’ of new kinds of market activity

Tokenization gains momentum

Robinhood’s proposal comes amid a renewed wave of interest in RWA tokenization, with major players from both traditional finance and crypto making headlines last week.

On April 30, BlackRock filed to create a blockchain-based share class for its $150 billion Treasury Trust Fund, allowing a digital ledger to mirror investor ownership. On the same day, Libre revealed plans to tokenize $500 million in Telegram debt via its new Telegram Bond Fund.

On May 1, MultiBank Group inked a $3 billion tokenization deal with UAE real estate firm MAG and blockchain provider Mavryk.

“The recent surge isn’t arbitrary. It’s happening because everything’s lining up,” Eric Piscini, CEO of Hashgraph, told Cointelegraph. “Rules are getting clearer in major markets. The tech is stronger, faster, and ready to scale. And big players are actually doing it,” he added.

Magazine: Father-son team lists Africa’s XRP Healthcare on Canadian stock exchange

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The ‘eco-populist’ Green Party leader who wants to be the Farage of the Left

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The 'eco-populist' Green Party leader who wants to be the Farage of the Left

Zack Polanski, the new leader of the Green Party, has been studying one politician closely this summer – Nigel Farage.

The 42-year-old, who stormed his party’s leadership contest by a large margin, calls himself an “eco-populist” (he used to be involved in Extinction Rebellion), and thinks the Greens could learn a lot from the media-savvy tactics of Reform which have seen them surge ahead of Labour in the polls.

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Can the former actor and hypnotherapist, who rails against corporations and wants to tax the rich, take his party into the big leagues?

Zack Polanski. Pic: PA
Image:
Zack Polanski. Pic: PA

Speaking to him after his win was announced, Mr Polanski told me: “I despise Nigel Farage’s politics and I’d never copy what he does, but it’s undeniable that he cuts through; everyone knows who he is and that bold messaging – but for the truth, not the lies and misinformation he spins – that’s what you’ll hear more of from the Green Party.”

Mr Polanski is not an MP – he’s been on the London Assembly since 2021 and served as the party’s deputy leader. His two rivals in the leadership contest Adrian Ramsay, one of the party’s current leaders, and Ellie Chowns, were elected last year, but are not well-known to the public.

His more aggressive style and punchy social media clips appealed to party members impatient for results. His videos target “corporations who are destroying our democracy”; warn that “fascism is at our doorstep” and “call bullshit” – as he puts it – on the debate about asylum.

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As one of the members at the event summed it up: “People don’t know what we stand for, we need to be loud and clear about what we’re for and what we’re against, and Zac will do that.”

He’s put some noses out of joint within the party, and the tabloid press has called him the “boob whisperer” after The Sun reported in 2013 that, while working as a hypnotherapist, he told a woman who wanted bigger breasts that she could do so with the power of her mind. Mr Polanski apologised and says he is focused on the future.

Pic: PA
Image:
Pic: PA

His ambitions are high for the fifth party in British politics – currently polling at around 10%.

“Thirty to forty MPs at the next election”, he says. Enough to deny Labour a majority if it’s close, or to be kingmakers. As politics fractures, he hopes they could have a big impact for the first time in decades.

The Green Party in the UK – unlike its counterparts in other European countries – has struggled electorally until very recently. It was formed in a pub in Coventry in 1972 by activists inspired by the US environmentalist Paul Ehrlich, who warned that the world was overpopulated, spelling disaster for nature.

Its biggest success was in the 1989 European elections, gaining 15% of the vote, but representation in parliament was not achieved until 2010 when Caroline Lucas took Brighton Pavilion from Labour. She became an influential campaigner on the climate, fracking and animal rights, also warning against economic growth at any cost.

After she stood down, the party struggled to find its voice, with Jeremy Corbyn’s Labour Party pursuing a radical left-wing agenda. Now, after winning four MPs last year, Mr Polanski believes that with Labour in government and Reform at its coat tails, their moment has come.

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He told members: “We can, and we will lower your bills. We will nationalise the water companies. We will hold this Labour government to account.

“Because when we look at Keir Starmer and what this government have been doing; whether it’s the two-child benefit cap, the disability cuts, the genocide in Gaza, my message to Labour is very clear: we are not here to be disappointed by you. We are not here to be concerned by you. We’re here to replace you.”

Mr Polanski is unashamedly pro-migration and trans rights. He’s also suggested Britain should leave NATO. He’d consider working with the incipient party being set up by Mr Corbyn and former Labour MP Zarah Sultana, with the support of some of the pro-Gaza independents.

All of that may not endear him to all the Green Party’s potential supporters. The party now has 860 councillors, but some are in rural areas where they’ve won seats from the Tories.

There is a political opportunity on the left. Mr Polanski says he knows what will get his party into the spotlight. But it’s a far bigger task to deliver seats in parliament – including one he’ll need for himself.

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Сrypto can’t scale without AI-native compliance

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Сrypto can’t scale without AI-native compliance

Сrypto can’t scale without AI-native compliance

Traditional compliance can’t keep up with 24/7 crypto markets — AI-native systems embedded at the core offer real-time risk detection and scalable solutions.

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Andrew Tate’s WLFI bet fails, opens new long despite $67K loss

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Andrew Tate’s WLFI bet fails, opens new long despite K loss

Andrew Tate’s WLFI bet fails, opens new long despite K loss

Tate is back in the Hyperliquid trenches, betting on the WLFI token despite his account nearing $700,000 in total losses.

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