Robinhood已向美国SEC提出了详细的建议

Robinhood迈出了大胆的一步，将区块链与最近的42页提交给SEC一起融入传统金融。

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已向美国SEC提交了一项详细提案，该提案寻求用于代币化的现实世界资产（RWAS）的统一监管框架，有可能为大型，区块链供电的美国证券市场奠定基础。

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）报道的那样，罗宾德（Robinhood）的提议标题为“现实世界资产交易所”（RRE），跨越了42页，并为全尺度的代币金融提供了蓝图。该公司的提案建立在SEC为经纪交易商和投资公司的现有监管框架上，使其适应了令牌资产的独特特征。

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.

该提案与SEC当前的方法相反，SEC的目前的方法是调节加密货币作为证券或比特币作为商品。

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的提议建议将令牌视为其代表的基本资产的“法律等价”，例如股票或债券，以避免将其分类为合成衍生物。

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，该提案强调了国家标准对令牌资产的重要性，直接回应SEC要求如何最佳地调节此类资产快速增长的市场的意见。

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.

该公司的提议建立在其现有的合作伙伴关系和技术能力的基础上。 Robinhood提议将其技术与Jumio（例如KYC/AML）等合规合作伙伴和区块链交易监控的链分析相结合，以确保法规合规性。

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.

该公司还提出了一种用于贸易匹配的混合模型，以经纪交易商的能力与链式交易的链接贸易匹配融为一体，并在链上解决方案，以进行有效的执行和终结。

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.

如果获得批准，该框架将使经纪交易商可以在现有监管结构内交易令牌化资产，这对于对加密货币空间中合法的灰色区域表示关注的机构的关键因素。

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，该提案的批准最终取决于SEC，并且不能保证监管机构将采用罗比林斯提出的建议。

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.

尽管存在这种不确定性，但Robinhood的举动仍可以通过提供缺乏法律清晰性来催化主流采用令牌化资产。

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.

无论该提议导致新的监管规范还是引发进一步的对话，它都将罗比丁人定位在创新的最前沿，这在不断发展的代币融资环境中。