Cross River to Bring Tokenized Lending Platform to Arbitrum One

Arbitrum announced on X that Cross River will bring its tokenized lending platform to Arbitrum One. At launch, Arbitrum One will provide infrastructure for loan tokenization and servicing, ZeroDev's embedded wallet solution will support the customer experience, and Offchain's enterprise services team will handle architecture design. Arbitrum stated that making the lending process programmable will lay the foundation for easier loan transfers and new financing opportunities.