Robinhood-backed DEX Arcus expands with tokenized assets, perps

CoinTelegraph·

Robinhood-backed DEX Arcus expands with tokenized assets, perps

60-second summary

Arcus, a decentralized exchange backed by Robinhood, is expanding its offerings with tokenized assets and perpetual futures on the Robinhood Chain. The addition of tokenized stocks and perpetual futures aims to bring traditional assets on-chain, intensifying competition among platforms seeking to bridge the gap between traditional finance and decentralized finance. Market implications are significant.

Arcus, built by the dYdX team, adds tokenized stocks and perpetual futures on Robinhood Chain as platforms compete to bring traditional assets onchain.