6小时前
· CoinTelegraph
Robinhood-backed DEX Arcus expands with tokenized assets, perps
Arcus, built by the dYdX team, adds tokenized stocks and perpetual futures on Robinhood Chain as platforms compete to bring traditional assets onchain.
A decentralized exchange (DEX) backed by Robinhood is expanding into tokenized stocks and derivatives as platforms compete to build onchain markets for traditional assets.
Arcus, a DEX built by the team behind decentralized trading platform dYdX and backed by Robinhood Crypto, launched tokenized stocks and perpetual futures on Robinhood Chain on Tuesday, according to an announcement shared with Cointelegraph.
The company previously <a href="https://x.com/arcus_xyz/status/2072446598731448581?s=20" rel="nofollow noopener" target="_blank">>launched</a> spot markets when <a href="https://cointelegraph.com/news/robinhood-chain-sees-over-70m-in-eth-bridged-during-first-week" rel="nofollow" target="_blank">Robinhood Chain went live</a> on July 1. Arcus offers more than 95 stock tokens, perpetual markets and crypto assets through a self-custodial trading account, with Paxos-issued stablecoin USDG serving as its primary collateral and settlement asset.
The launch comes as crypto companies and financial platforms increasingly compete to build infrastructure for tokenized real-world assets (RWAs), while regulatory questions around access and product structure remain a key challenge for the sector.
<em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/bernstein-raises-robinhood-price-target-cites-tokenization-and-prediction-markets" target="_blank" rel="nofollow"><em><strong>Bernstein raises Robinhood price target, cites tokenization and prediction markets</strong></em></a>
Arcus’s launch includes tokenized versions of stock in major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google and Amazon, as well as perpetual markets tied to equities, exchange-traded funds, commodities, indexes and crypto assets.
The platform uses a self-custodial model, allowing users to retain control of their assets rather than deposit them with a centralized exchange. Arcus uses Privy, a wallet infrastructure company that helps applications create and manage crypto wallets, allowing users to sign up through email or social logins.
<em>Source: </em><a href="https://x.com/RobinhoodApp/status/2072389368891703748" rel="nofollow noopener" target="_blank">><em>Robinhood Chain</em></a>
Users who already hold crypto can connect existing self-custodial wallets, including MetaMask, Ledger and WalletConnect, with the company citing support for additional Ethereum-compatible wallets.
Arcus said its stock tokens are unavailable in the US, Canada, the UK and other restricted jurisdictions, highlighting the different regulatory approaches to tokenized securities across markets.
Cointelegraph contacted Arcus for clarification on the restrictions but did not receive a response by publication time.
Regulators in markets including the US and UK have been examining how blockchain-based representations o