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Woofun AI reports that Arcus, a decentralized exchange engineered by the dYdX team and backed by Robinhood Crypto, has initiated trading of tokenized stocks and perpetual futures on the Robinhood Chain. This expansion, confirmed via an announcement to Cointelegraph, marks a significant step in the platform’s evolution beyond its initial spot markets launched when the chain went live on July 1. The move positions Arcus as a key infrastructure provider for onchain traditional assets, leveraging its technical heritage to bridge conventional finance with blockchain protocols.
The platform’s asset library now encompasses more than 95 stock tokens, alongside perpetual markets and various crypto assets. Major US equities such as Nvidia, Tesla, Apple, Microsoft, Meta, Google, and Amazon are available for trade, reflecting a focus on high-liquidity blue-chip securities. Beyond individual stocks, the offering extends to perpetual contracts tied to equities, exchange-traded funds, commodities, and indexes, providing traders with diversified exposure to traditional financial instruments within a self-custodial environment.
Structurally, the exchange relies on Paxos-issued stablecoin USDG as its primary collateral and settlement asset, ensuring stable value transfer for these complex derivatives.
Woofun AI data shows that user onboarding is facilitated through Privy, a wallet infrastructure provider that enables sign-ups via email or social logins. For existing crypto holders, the platform supports integration with self-custodial wallets including MetaMask, Ledger, and WalletConnect, while also citing compatibility with other Ethereum-compatible wallets to broaden accessibility.
Regulatory compliance remains a critical variable, with Arcus explicitly barring access from the US, Canada, the UK, and other restricted jurisdictions. This exclusion highlights the divergent regulatory approaches to tokenized securities across global markets, where questions regarding custody, ownership, and market structure are still being addressed by authorities. Cointelegraph sought clarification from Arcus regarding these restrictions but did not receive a response by publication time, underscoring the sensitivity of operating in heavily regulated financial zones.
The launch intensifies competition among platforms striving to build infrastructure for tokenized real-world assets, with Coinbase-backed Base also exploring methods to bring traditional financial products onchain. As regulatory frameworks continue to evolve, the ability to offer compliant, self-custodial access to traditional assets will likely determine which platforms gain sustained market traction. This development signals a maturing phase for decentralized exchanges, moving beyond pure crypto trading into hybrid financial ecosystems.