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Cross River Taps Offchain Labs to Enable Blockchain-Based Loan Tokenization on Arbitrum

Picture: CoinGape

HIGHLIGHTS Cross River partners with Offchain Labs to tokenize loans on Arbitrum One by early 2027. Borrowers will retain existing lending interfaces while ZeroDev wallets handle blockchain functions behind the scenes. Cross River will maintain lending oversight, while blockchain records track loan ownership, payments, and servicing. Cross River has partnered with Offchain Labs to integrate blockchain-based loan tokenization into its lending platform, enabling loans to be financed and transferred on Arbitrum One from their creation. Cross River Brings Loan Tokenization to Arbitrum Cross River announced the partnership on November 3, with production deployment scheduled for early 2027 following successful testing.

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