Prediction: Robinhood Will Launch Tokenized Stock Trading in the U.S. Before the End of 2027

The SEC's September 17 order permits qualifying trading venues to offer tokenized U.S. stocks for five years, provided the tokens confer the same shareholder rights as the underlying securities, including dividends and voting rights. The regulatory pathway is a constructive development for tokenization platforms and digital-asset market infrastructure, though compliance requirements will limit eligibility to approved venues.