Cross River taps Arbitrum for loan tokenization ahead of 2027 rollout

Cross River Bank has teamed up with Offchain to tokenize loans on Arbitrum One, with a launch planned for early 2027. Cross River plans to tokenize loans at origination, with Arbitrum One supporting tokenization and servicing. Offchain’s Enterprise Services team will build the infrastructure, with ZeroDev providing embedded customer wallets. The companies have completed a proof of concept and are working toward production deployment. Cross River will remain the regulated lender, retaining its underwriting, risk management and compliance standards. Cross River’s Nov. 3 announcement describes a platform that would allow loans to be funded, held, and transferred onchain from creation.