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Arcus Launches on Robinhood Chain and Receives Investment from Robinhood Crypto, Supporting Trading of 95 Tokenized Stocks
Svmuu News: Arcus, a decentralized exchange developed by the dYdX team, has launched on the Robinhood Chain, offering 24/7, zero-fee trading of 95 tokenized stocks and perpetual contracts. Arcus supports tokenized trading of stocks, commodities, indices, and crypto assets. All tokenized stocks are issued and redeemable via the Robinhood Chain, allowing for self-custody and integration into the DeFi ecosystem. Robinhood Crypto has invested in Arcus. In the future, Arcus plans to support tokenized stocks and crypto assets as collateral for perpetual contracts and offer pre-IPO trading for popular private companies such as OpenAI.
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