Robinhood Submits Regulatory Proposal for RWA Tokenization to the U.S. SEC

Robinhood, which offers investment apps for cryptocurrencies and stocks, has submitted a regulatory proposal to the U.S. Securities and Exchange Commission (SEC) regarding the tokenization of Real World Assets (RWAs). This development was reported by international media on the 19th. The company has requested the SEC to establish the world's first regulatory framework for RWA tokenization. This proposal includes strategic intentions to operate an exchange named 'Robinhood RWA Exchange (RRE)'. RWAs refer to 'Real World Assets' which include properties such as real estate that can be tokenized on the blockchain.