Robinhood submits RWA regulatory proposal to the SEC! Plans to create RRE using a dual-chain structure of Solana and Base.

In the crypto circle ( 120BTC.CoM ) news: The American online brokerage Robinhood submitted a regulatory proposal for Real Asset Tokenization ( RWA ) to the SEC ( on 5/20 Eastern Time. They also revealed the future blueprint for the Real Estate Exchange ) RRE (, aiming to enhance the efficiency of the existing financial system and address the fragmentation of state regulations, allowing tokenized assets to be compliant on-chain.

Please ensure that RWA is regarded as an asset, not a derivative

One special point in the Robinhood proposal is: "We hope that the SEC truly considers RWA as the underlying asset, for example, a token representing U.S. Treasury bonds should legally be equivalent to that bond itself, rather than something like an ETF or derivative."

This also allows brokers and institutional investors to more easily put traditional assets on the chain, eliminating many additional regulatory and tax issues, enabling tokenized assets to smoothly enter the mainstream financial system.

RRE adopts Solana and Base as a dual-chain structure, aiming for same-day settlement

Robinhood plans to build a physical asset exchange ) Real World Asset Exchange, RRE ( will adopt a "dual-chain architecture," using Solana and Base chains as the technical foundation.

According to the technical overview, RRE will handle transactions using "off-chain matching + on-chain settlement", which not only reduces transaction costs and addresses delay issues but also maintains the transparency and traceability of the blockchain. The following are the technical details:

• The matching process takes less than 0.00001 seconds.
• Up to 30,000 transactions per second ) TPS (
• Settlement is compressed from T+2 in traditional finance to T+0, allowing for same-day delivery.
• Estimated to save approximately 30% in transaction costs annually

KYC and anti-money laundering systems are fully equipped, strengthening compliance together with Jumio and Chainalysis

Robinhood also stated that RRE will collaborate with companies such as Jumio and Chainalysis to ensure that user data verification ) KYC ( and anti-money laundering monitoring ) AML ( mechanisms are complete, creating a fully compliant trading environment.

In addition, they also suggested that the SEC promote a nationwide unified regulatory standard to replace the current situation where each state regulates independently, in order to address the fragmentation of RWA market regulation.

BlackRock, Telegram, and UAE Real Estate also join the fray

Currently, the entire financial and cryptocurrency market is promoting RWA-related applications:

• BlackRock ): Proposed to the SEC on 4/30 to create an on-chain version of its $150 billion U.S. Treasury fund to facilitate tracking of holdings.
• Tokenization project Libre: On April 30, in collaboration with TON, launched the Telegram Bond Fund, planning to tokenize $500 million of Telegram's corporate bonds.
• UAE real estate company MAG collaborates with blockchain firm Mavryk: signing a $3 billion asset tokenization agreement.

The Era of Blockchain Settlement Has Arrived; Brokerage Firms Risk Elimination If They Do Not Transform

In summary, Robinhood's innovative proposal could potentially disrupt traditional settlement models. If the SEC ultimately agrees, we may see the use of blockchain to trade real assets such as government bonds and real estate in the future in the United States.

However, traditional brokers may face the following issues:

• Forced to upgrade their own system
• If the product design capabilities, user experience, and custody services of brokerages cannot connect with the on-chain asset structure, they may be eliminated.