Robinhood已向美國SEC提出了詳細的建議

Robinhood邁出了大膽的一步，將區塊鏈與最近的42頁提交給SEC一起融入傳統金融。

Robinhood has submitted a detailed proposal to the U.S. SEC seeking a unified regulatory framework for tokenized real-world assets (RWAs), potentially setting the stage for a large-scale, blockchain-powered U.S. securities market.

Robinhood已向美國SEC提交了一項詳細提案，該提案尋求用於代幣化的現實世界資產（RWAS）的統一監管框架，有可能為大型，區塊鏈供電的美國證券市場奠定基礎。

As reported by Forbes, Robinhood’s proposal, titled 'Real World Asset Exchange' (RRE), spans 42 pages and offers a blueprint for full-scale tokenized finance. The company’s proposal builds upon the SEC’s existing regulatory framework for broker-dealers and investment companies, adapting it to the unique characteristics of tokenized assets.

正如福布斯（Forbes）報導的那樣，羅賓德（Robinhood）的提議標題為“現實世界資產交易所”（RRE），跨越了42頁，並為全尺度的代幣金融提供了藍圖。該公司的提案建立在SEC為經紀交易商和投資公司的現有監管框架上，使其適應了令牌資產的獨特特徵。

This proposal stands in contrast to the SEC’s current approach, which has focused on regulating cryptocurrencies as securities or, in the case of bitcoin, as commodities.

該提案與SEC當前的方法相反，SEC的目前的方法是調節加密貨幣作為證券或比特幣作為商品。

Instead, Robinhood's proposal suggests treating tokens as the "legal equivalents" of the underlying assets they represent, such as equities or bonds, in order to avoid classifying them as synthetic derivatives.

取而代之的是，Robinhood的提議建議將令牌視為其代表的基本資產的“法律等價”，例如股票或債券，以避免將其分類為合成衍生物。

Furthermore, the proposal emphasizes the importance of a national standard for tokenized assets, in direct response to the SEC's request for input on how to best regulate the rapidly growing market for such assets.

此外，該提案強調了國家標準對令牌資產的重要性，直接回應SEC要求如何最佳地調節此類資產快速增長的市場的意見。

The company's proposal builds upon its existing partnerships and technological capabilities. Robinhood proposes integrating its technology with compliance partners like Jumio for KYC/AML and Chainalysis for blockchain transaction monitoring to ensure regulatory compliance.

該公司的提議建立在其現有的合作夥伴關係和技術能力的基礎上。 Robinhood提議將其技術與Jumio（例如KYC/AML）等合規合作夥伴和區塊鏈交易監控的鏈分析相結合，以確保法規合規性。

The company also proposes a hybrid model for trade matching, blending off-chain trade matching in a broker-dealer capacity with on-chain settlement for efficient execution and finality.

該公司還提出了一種用於貿易匹配的混合模型，以經紀交易商的能力與鍊式交易的鏈接貿易匹配融為一體，並在鏈上解決方案，以進行有效的執行和終結。

If approved, this framework would allow broker-dealers to trade tokenized assets within the existing regulatory structure, a critical factor for institutions who have expressed concern over the legal gray zones in the crypto space.

如果獲得批准，該框架將使經紀交易商可以在現有監管結構內交易令牌化資產，這對於對加密貨幣空間中合法的灰色區域表示關注的機構的關鍵因素。

However, the approval of this proposal ultimately lies with the SEC, and there is no guarantee that the regulatory body will adopt the suggestions made by Robinhood.

但是，該提案的批准最終取決於SEC，並且不能保證監管機構將採用羅比林斯提出的建議。

Despite this uncertainty, Robinhood's move could serve as a catalyst for mainstream adoption of tokenized assets by providing the legal clarity that has been lacking.

儘管存在這種不確定性，但Robinhood的舉動仍可以通過提供缺乏法律清晰性來催化主流採用令牌化資產。

Whether this proposal leads to a new regulatory norm or sparks further conversation, it positions Robinhood at the forefront of innovation in the evolving landscape of tokenized finance.

無論該提議導致新的監管規範還是引發進一步的對話，它都將羅比丁人定位在創新的最前沿，這在不斷發展的代幣融資環境中。