Robinhood Wallet Can Now Route Stock Token Trades Through the Arcus Exchange
By Unchained
AI summary of the source article
Robinhood Wallet has integrated decentralized exchange Arcus's trading API to allow stock token swaps to be filled through the platform. This provides eligible users in supported jurisdictions with access to trade more than 190 stock tokens. Arcus utilizes a request-for-quote model with market makers to address pricing challenges associated with around-the-clock trading of assets tied to traditional market schedules. Robinhood Crypto is a strategic investor in Arcus, which operates on Robinhood Chain. Stock Tokens, which are unavailable in the U.S., are debt securities issued by Robinhood Assets (Jersey) Limited that provide economic exposure without legal rights to underlying securities.
Why it matters
The integration expands execution routes and liquidity sources for Robinhood Wallet users trading tokenized real-world assets outside the United States.
Key facts
- Robinhood Wallet integrated Arcus's trading API to route swaps for over 190 Stock Tokens.
- Stock Tokens are structured as debt securities issued by Robinhood Assets (Jersey) Limited and are not available in the U.S.
- Robinhood Crypto is a strategic investor in Arcus, which launched exclusively on Robinhood Chain.