Robinhood CEO Calls for US Regulatory Clearance on Tokenized Stocks

Robinhood CEO Vlad Tenev urged U.S. regulators to clear the way for tokenized stocks, noting that overseas markets are already moving ahead.

Regulatory Hurdles in the U.S. and the Promise of Tokenized Equity

■Real-time settlement and 24/7 trading capability could boost liquidity.

■Transaction costs are expected to drop significantly.

■Global investor base would gain broader access.

International Markets Leading the Charge

■Switzerland’s SIX exchange is running pilot programs for tokenized assets.

■Singapore’s SGX is accelerating blockchain-based equity trials.

■The UK’s LSE is testing a digital asset regulatory framework.

Roadmap: What Needs to Change?

■The SEC must issue clear guidance and a safe‑harbor custody mechanism.

■Crypto‑grade custodian standards need to be integrated into equity markets.

■Transparent reporting standards should be introduced to strengthen investor protection.

Cem Talu: Tokenized stocks can enhance liquidity and enable round‑the‑clock market access, but the current U.S. structure limits this innovation.