Robinhood-backed DEX Arcus expands with tokenized assets, perps

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.

Wallet support

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.

Jurisdictional restrictions and regulation

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 of traditional assets fit within existing financial frameworks, with questions around custody, ownership and market structure being addressed.

Competitive landscape

The launch adds another player to the growing race to build infrastructure for tokenized assets, with platforms including Coinbase-backed Base exploring ways to bring traditional financial products onchain.

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