Cross River to tokenize loans on Arbitrum by 2027
7 Banking Cross River will tokenize loans on Arbitrum One by 2027, streamlining loan management, boosting liquidity, and bridging traditional and onchain finance.
Cross River is set to launch a tokenized lending platform on Arbitrum One, targeting production deployment in early 2027. This follows successful proof-of-concept testing with Offchain Labs and ZeroDev. The platform will enable loans to be tokenized from origination, with blockchain records tracking ownership, funding, payments, and servicing throughout the loan lifecycle. Borrowers will continue using familiar interfaces, while ZeroDev wallets handle blockchain interactions in the background. Cross River will remain the regulated lender, providing oversight, risk management, and compliance. The initiative aims to streamline loan transfers, boost secondary market liquidity, and create new financing opportunities for global investors. Lending volumes and fee structures have not yet been disclosed. This move marks a significant step in bridging traditional banking and decentralized finance, potentially attracting institutional credit investors and expanding onchain finance.
