Robinhood links with dYdX Labs to launch new DEX Arcus
Cointelegraph 2026-07-02 06:05:02
Context: The cryptocurrency protocol dYdX has rebranded as Arcus and is partnering with financial services company Robinhood to launch a new decentralized exchange, or DEX, on Robinhood's blockchain. This partnership aims to bring perpetual and tokenized stock trading to the platform. The collaboration is set to expand Robinhood's offerings in the cryptocurrency market.
Key Facts
- The cryptocurrency protocol dYdX has rebranded as Arcus, marking a significant change in its identity as it moves forward with its partnership with Robinhood.
- Arcus is joining Robinhood's new blockchain, which is expected to facilitate the launch of perpetual and tokenized stock trading on the platform.
- The partnership between Arcus and Robinhood is focused on developing a decentralized exchange, or DEX, that will enable users to engage in cryptocurrency trading and other financial activities.