Cross River taps Arbitrum to tokenize loans, targeting early 2027 launch
AI summary
Cross River Bank is partnering with Offchain to tokenize loans on Arbitrum One, with a launch planned for early 2027. The platform would let loans be funded, held, and transferred onchain, per the bank's Nov. 3 announcement. A regulated US bank committing to onchain lending infrastructure is a meaningful institutional endorsement for Arbitrum and real-world asset tokenization, though the distant timeline limits near-term price impact.
