Cross River Advances Loan Tokenization on Arbitrum One

TechFlow reported on November 3 that, according to Cross River's official announcement, Cross River has partnered with Offchain, the developer of Arbitrum, to integrate tokenization directly into Cross River's lending platform, enabling assets originated by the platform to be financed, held, and transferred on Arbitrum One from inception.

The announcement stated that borrower applications, funding, and repayment will still be handled through the existing customer interface, with ZeroDev wallet infrastructure embedded underneath. Cross River remains a regulated bank and lender, and tokenization does not change loan underwriting, risk management, or compliance standards.

The two parties have completed a proof of concept for loan tokenization and are advancing toward production deployment, targeting early 2027.

Source: TechFlow