Robinhood-backed DEX Arcus launches tokenized stocks and perps on Robinhood Chain

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Arcus, a decentralized exchange built by the dYdX team and backed by Robinhood, has expanded its offerings by launching tokenized stocks and perpetual futures on the Robinhood Chain. This move is part of a broader trend among platforms competing to bring traditional financial assets onchain. The new products allow users to trade tokenized versions of equities and engage in perpetual futures trading directly on the Robinhood Chain, leveraging the exchange's infrastructure. This development could attract more traders seeking exposure to traditional assets within a decentralized environment, potentially increasing liquidity and trading activity on the platform.