Crypto trading platform Robinhood has reportedly submitted a regulatory proposal to the U.S. Securities and Exchange Commission (SEC) for a real-world asset (RWA) tokenization initiative. According to a tweet making the rounds on crypto Twitter, Robinhood plans to launch an RWA platform built on Base and Solana, two of the fastest-growing blockchains. The move would suggest that Robinhood, traditionally known for its retail stock trading, is set to explore the growing RWA market. Why is Robinhood betting on Base and Solana? Robinhood’s interest in Base and Solana comes largely from their credibility as two of the leading infrastructure layers for the next phase of tokenized assets. Besides their low fees and high throughput, both platforms have seen an increased number of RWA projects in recent months. Source: X Notably, Robinhood has held a long-term interest in Solana. Earlier this month, CoinGape reported that Robinhood was exploring tokenized trading in Europe… Read More at Coingape.com

The post Robinhood Pushes Into RWA Market With New SEC Proposal  appeared first on CoinGape.

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