DEX Arcus developed by the dYdX team has launched on Robinhood Chain and received investment from Robinhood Crypto

CoinFeed July 2 news, according to official sources, the decentralized exchange Arcus developed by the dYdX team has officially launched on Robinhood Chain, offering 24/7 trading of 95 tokenized stocks and perpetual contracts with zero fees. Arcus supports tokenized trading of stocks, commodities, indices, and crypto assets, with all tokenized stocks issued and redeemable by Robinhood Chain, self-custodial and accessible to 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 provide Pre-IPO trading of popular private companies like OpenAI.