Robinhood Wallet integrated Arcus's quoting system on October 1, gaining access to liquidity for over 190 stock tokens through an RFQ model. Arcus joins multiple routing providers in the wallet and plans to offer limit orders via the built-in dApp browser.
Robinhood's crypto head Johann Kerbrat explained at Korea Blockchain Week 2026 that the platform's stock tokens are backed by actual shares held in custody, not price-based derivatives. Users own the tokens while Robinhood maintains custody of the underlying stocks.
Robinhood CEO Vlad Tenev announced plans to expand its stock token offerings from about 200 to thousands of tokens and is exploring private equity tokenization with a clear implementation path for future large-scale development.