Cross River Bank Just Moved Its Commercial Lending Rails Onto Arbitrum
Cross River Bank (
@crossriverbank) has built and launched its institutional loan tokenization and servicing platform on
@Arbitrum One.
The solution uses
@Offchain Enterprise Services to convert commercial loans into programmable onchain credit instruments.
It includes
@ZeroDev's embedded wallet feature and masks the complexity of gas fees, making onboarding easier for institutions using the credit secondary market.
The launch will serve as a starting point for ongoing loan syndication and smooth secondary debt transactions.
Commercial lending will be conducted on blockchain rails.