Arcus Adds Stock Tokens and WETH as Perpetual Collateral

Tokenized equities crossing into derivatives collateral is the notable shift here: Arcus is letting stock tokens do work beyond passive holding, blurring the line between RWA exposure and margin trading. The $20,000 non-USDG cap and early-access status signal deliberate risk containment rather than a full launch, suggesting the venue is testing demand and liquidation behavior before scaling. For RWA issuers and perp venues alike, the question is whether tokenized stocks behave like reliable collateral under stress — price gaps, off-hours liquidity and oracle design are the obvious pressure points, and the absence of a general-availability timeline leaves that untested at scale.