罗宾汉的特内夫警告称，美国代币化不确定性阻碍了“重要资产”的进入。

Robinhood Chief Executive Officer Vlad Tenev has raised concerns that the lack of permanent regulatory clarity for tokenized assets is pushing institutional capital away from the United States. Speaking on the integration of blockchain technology into traditional finance, Tenev emphasized that temporary SEC no-action letters or exemptions do not provide the legal certainty required by serious institutional players. Tokenized equities promise faster settlement times and enhanced liquidity, but issuers remain hesitant due to ambiguous compliance frameworks. Tenev urged regulators to establish comprehensive guidelines that accommodate blockchain-based securities without stifling financial innovation. Without a clear legislative path forward, the US risks losing its competitive edge in the burgeoning digital asset tokenization sector to more permissive international jurisdictions. Market participants continue to lobby for modernized securities laws that safely integrate distributed ledger technology.