On-Chain Spot Exchange Rialto Launches After Exiting Stealth Mode

Rialto, an on-chain spot exchange, said it has exited stealth mode and officially launched, aiming to support around-the-clock trading across crypto and tokenized traditional assets. According to ChainCatcher, the platform is built on Robinhood Chain and Arbitrum and has worked over the past year with Robinhood Crypto, Offchain Labs, and Arbitrum. Rialto said it will offer 24/7 spot trading for cryptocurrencies, tokenized stocks, ETFs, commodities, and pre-IPO assets, removing traditional market-hour constraints. The exchange also said users can self-custody equity tokens and use them directly as collateral for third-party lending. The platform said it is powered by a proprietary automated market maker model and is currently running its own PropAMM, “Rivo Altus,” to provide baseline liquidity. At launch, Rialto said it listed more than 90 Robinhood tokenized stocks along with major crypto assets.