News linked to both this project and an event.
: Arcus, a decentralized exchange supported by Robinhood, launched tokenized stocks and perpetual futures on the Robinhood Chain on Tuesday. Arcus is built by the team behind the decentralized exchange dYdX and is supported by Robinhood Crypto. Arcus previously launched its spot market on July 1st when the Robinhood Chain went live. The platform offers over 95 stock tokens, perpetual markets, and crypto assets via self-custodial trading accounts, using USDG, a stablecoin issued by Paxos, as the primary collateral and settlement asset. The tokens launched on Arcus include stock tokens for major US companies such as Nvidia, Tesla, Apple, Microsoft, Meta, Google, and Amazon, as well as perpetual markets linked to stocks, ETFs, commodities, indices, and crypto assets. Arcus stated that its stock tokens are not available in the United States, Canada, the United Kingdom, and other restricted jurisdictions. The platform utilizes a self-custody model, allowing users to retain control of their assets and connect self-custodial wallets such as MetaMask, Ledger, and WalletConnect.
According to JIN10 Data, U.S. President Trump rejected Iran’s latest ceasefire proposal, calling it “completely unacceptable.” Iran subsequently responded that it would not draft proposals solely to please Trump. As a result, market risk aversion intensified: WTI crude oil opened 3% higher at $98.44 per barrel, the U.S. dollar strengthened, and futures on the three major U.S. stock indices fell by approximately 0.3%. Meanwhile, the United Kingdom and France are spearheading discussions among over 40 countries regarding naval escort missions for vessels transiting the Strait of Hormuz following the establishment of a stable ceasefire. Israeli Prime Minister Netanyahu stated that military operations against Iran have not yet concluded, while Iran warned that any deployment of foreign warships in the Strait of Hormuz under the pretext of “protecting shipping” would be regarded as an escalation of hostilities.