Arcus, a decentralized exchange built by the dYdX team and backed by Robinhood Crypto, has launched tokenized stocks and perpetual futures on the Robinhood Chain.
The platform now offers more than 95 stock tokens, including shares of Nvidia, Tesla, and Apple, alongside perpetual markets for equities, ETFs, and commodities. It uses Paxos-issued USDG as its primary collateral.
This launch intensifies competition among crypto and financial firms building infrastructure for tokenized real-world assets (RWAs).
Arcus operates on a self-custodial model using Privy wallet infrastructure. Users can sign up via email or connect existing wallets like MetaMask.
The stock tokens are currently unavailable in the US, Canada, the UK, and other restricted jurisdictions due to evolving regulatory frameworks for blockchain-based securities.