Robinhood Proposes New Framework for Tokenized Securities

Financial technology platform Robinhood has submitted a proposal to the US Securities and Exchange Commission (SEC) outlining a new framework for regulating tokenized securities. This initiative seeks to streamline the $30 trillion US real assets market, with the aim of boosting adoption of blockchain-based financial products like those on Solana and Base blockchains. 💰 Robinhood’s proposed framework proposes legal equivalence for tokenized assets, aiming to enhance efficiency in exchange processes. 📈 🤖 CEO Vlad Tenev believes this will solidify US dominance in the global tokenized market, potentially leading a shift in traditional finance. 💪