Robinhood is still working on an "innovation exemption" with the U.S. Securities and Exchange Commission to support a tokenized stock business, according to Johann Kerbrat, the company’s senior vice president for crypto. Kerbrat made the remark during Korea Blockchain Week 2026. He also said that as trading in tokenized equities grows, volumes could reach the limits set by the SEC. The comments point to Robinhood’s continued regulatory engagement around a potential tokenized stock offering in the U.S., with trading caps remaining one of the constraints mentioned by the executive.
Robinhood is still pursuing work related to an "innovation exemption" with the U.S. Securities and Exchange Commission to support a tokenized stock business, Johann Kerbrat, the company’s senior vice president for crypto, said during Korea Blockchain Week 2026.
Kerbrat also said that as trading volume in tokenized stocks increases, that volume could reach the relevant limits set by the SEC.
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