Arcus DEX launches tokenized stocks and perpetual futures on Robinhood Chain

Digital trading interface with candlestick charts and financial data on computer monitor

In brief

  • Arcus launched tokenized stocks and perpetual futures markets on Robinhood Chain
  • Platform uses Paxos USDG stablecoin for collateral and settlement with self-custody
  • Stock tokens unavailable in US, Canada, UK and other restricted jurisdictions

Tokenized Assets and Expanded Trading

The new offering brings more than 95 stock tokens, perpetual markets and crypto assets to a single self-custodial trading account. Tokenized versions of stock in major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google and Amazon are now available on the platform.

The architecture relies on Paxos-issued stablecoin USDG as its primary collateral and settlement asset. Users sign up through email or social logins via Privy, a wallet infrastructure provider that handles key management and account recovery without requiring users to manage seed phrases directly.

"The platform uses a self-custodial model, allowing users to retain control of their assets rather than deposit them with a centralized exchange."

Regulatory Constraints and Market Competition

Arcus has imposed geographic restrictions: stock tokens are unavailable in the US, Canada, the UK and other restricted jurisdictions. This reflects the regulatory complexity surrounding tokenized equities and derivative products.

The launch underscores a broader trend. Crypto companies and financial platforms increasingly compete to build infrastructure for tokenized real-world assets (RWAs), while regulatory questions around access and product structure remain a key challenge. Platforms including Coinbase-backed Base are exploring ways to bring traditional financial products onchain, signaling sustained industry interest despite uncertain regulatory pathways.