Arcus Launches on Robinhood Chain With 24/7 Trading for 95 Tokenized Stocks and Perpetuals

Arcus, a decentralized exchange developed by the dYdX team, has launched on Robinhood Chain, offering 24/7 trading with zero fees for 95 tokenized stocks and perpetual contracts. According to PANews, Arcus supports tokenized trading across stocks, commodities, indices, and crypto assets. The report said all tokenized stocks on Arcus are issued by Robinhood Chain and are redeemable. These assets can be self-custodied and connected to the DeFi ecosystem. PANews reported that Robinhood Crypto has invested in Arcus. Arcus also plans to support using tokenized stocks and crypto assets as collateral for perpetual contracts, and to offer pre-IPO trading for popular private companies such as OpenAI.