Arcus Launches on Robinhood Chain and Receives Investment from Robinhood Crypto, Supporting Trading of 95 Tokenized Stocks

Odaily Odaily reports that Arcus, a decentralized exchange developed by the dYdX team, has launched on Robinhood Chain, offering 24/7 zero-fee trading for 95 tokenized stocks and perpetual contracts. Arcus supports the tokenized trading of stocks, commodities, indices, and crypto assets. All tokenized stocks are issued and redeemable on Robinhood Chain, can be self-custodied, and are integrated into the DeFi ecosystem. Robinhood Crypto has invested in Arcus. Arcus plans to support tokenized stocks and crypto assets as collateral for perpetual contracts in the future, and also aims to provide pre-IPO trading for popular private companies like OpenAI.