SEC Gives Robinhood Regulatory Green Light for Tokenized U.S. Stocks
Roger that, Robinhood's push to make stocks trade like crypto has just received a significant regulatory boost from the SEC.
The SEC has introduced a five-year pathway for qualifying venues to trade tokenized U.S. stocks onchain, bringing equities closer to round-the-clock trading and giving Robinhood a key opening for its strategy abroad.
This move could help bridge the gap between Robinhood's international tokenization business and the much larger U.S. market.
Robinhood CEO Vlad Tenev has already highlighted the potential benefits of tokenization, including 24-hour access, instant settlement and fractional ownership.