{"id":"rialto","title":"Rialto","content":"## Introduction\n\nRialto is an on-chain spot exchange for trading tokenized equities, ETFs, commodities, crypto assets, and pre-IPO assets with best-execution routing within the Robinhood Chain ecosystem. Launched from stealth in July 2026 after about one year of development, the project was developed in collaboration with Robinhood Crypto, Offchain, and [Arbitrum](https://iq.wiki/wiki/arbitrum), and uses a proprietary automated market maker model called PropAMM.\n\n## Technology & Architecture\n\nRialto's liquidity mechanism is implemented as proprietary automated market makers called PropAMMs. These on-chain market makers quote prices based on their own pricing logic and inventory rather than using a passive constant-product pool. Rialto's PropAMM implementation, Rivo Altus, provides baseline on-chain liquidity while competing alongside conventional DEX pools and third-party market makers for individual quotes. The platform quotes candidate liquidity sources on-chain at request time, ranks routes by expected output net of gas costs, and settles the selected route. The implementation uses Arbitrum's Stylus tooling for custom on-chain pricing logic and relies on Robinhood Chain's low block times and [Ethereum](https://iq.wiki/wiki/ethereum) composability. [\\[5\\]](#cite-id-005505e0-5c6c-401c-a869-9d0cd379cca7) [\\[3\\]](#cite-id-a5350464-ba4d-4785-9d32-f478f9bf5cd1)​\n\n## Products & Use Cases\n\nAt launch, Rialto supported trading of more than 90 tokenized Robinhood stock tokens alongside major crypto assets. Users can self-custody equity tokens and use them as collateral with third-party lending services. Rialto also operates a token issuance/launch mechanism called Varo, based on Uniswap V3 contract architecture, which enables tokens with a fixed supply to be traded via integrated liquidity positions without custom bonding curves. [\\[7\\]](#cite-id-7a8c532c-2844-4145-a11b-70758f475b5b)​\n\n## Partnerships & Launch\n\nRialto was developed in collaboration with Robinhood Crypto, Offchain, and [Arbitrum](https://iq.wiki/wiki/arbitrum) and emerged from stealth around July 2026. Public reporting and the project's own posts documented the launch and the partners involved. [\\[6\\]](#cite-id-ec0c8c0b-7c18-408a-9954-99b04155aa10)​\n\n## Founder\n\nThe public launch announcement was posted by an X account under the handle  using the name \"Riley.\" That post indicates the person named \"Riley\" was involved in the launch, but their full identity, last name, and official title at Rialto have not been independently confirmed. [\\[9\\]](#cite-id-L53tNOBSW92l9EhH)​\n\n## Metrics & Performance\n\nPer Rialto's X account, as of late July 2026, [Robinhood Chain](https://iq.wiki/wiki/robinhood-chain) reported a total asset market capitalization of 495 million in stablecoins and 2.7 million in 24-hour stock token trading volume at that time. All metrics are reported as of late July 2026. [\\[10\\]](#cite-id-2J8AIa7lIFmlFwa8)​\n\n## Note on naming\n\nA separate, unrelated company also named \"Rialto\" (Rialto [Bridge](https://iq.wiki/wiki/bridge), https://www.rialtobridge.xyz/) provides fiat-crypto conversion services and is VASP-registered in France. This entity is distinct and should not be conflated with the Robinhood Chain exchange described here. [\\[8\\]](#cite-id-b5bea37c-0657-4a7a-ad5d-e86829b13dd6)​\n\n1.","summary":"Rialto, built on Robinhood Chain, is a decentralized spot exchange using PropAMM for trading tokenized equities, ETFs, commodities, and crypto assets, providing deep onchain liquidity with integration on Arbitrum.","images":[{"id":"QmazCx7ETDTMUYaSTGCXmiTqrCu5HsqdxUrGFgQmmZ75E5","type":"image/jpeg, image/png"}],"categories":[{"id":"projects-and-protocols","title":"projects-and-protocols"}],"tags":[{"id":"DeFi"},{"id":"RWA"},{"id":"Arbitrum"},{"id":"Infrastructure"}],"media":[{"id":"QmbR1YyYjeQfw3BrNWptNUPm7jwVTjbZmR1GpL4zgZhdoq","name":"images (5).png","caption":"","thumbnail":"QmbR1YyYjeQfw3BrNWptNUPm7jwVTjbZmR1GpL4zgZhdoq","source":"IPFS_IMG"}],"metadata":[{"id":"website","value":"https://rialto.xyz/"},{"id":"twitter_profile","value":"https://x.com/rialto_xyz"},{"id":"reddit_profile","value":"https://reddit.com/r/RialtoAI"},{"id":"discord_profile","value":"https://t.me/joinchat/AAAAAEJIJRvGtIsNu7zOvw"},{"id":"etherscan","value":"https://etherscan.io/token/0xb24754be79281553dc1adc160ddf5cd9b74361a4"},{"id":"contract_url","value":"https://ethplorer.io/address/0xb24754be79281553dc1adc160ddf5cd9b74361a4"},{"id":"rootdata_profile","value":"https://www.rootdata.com/Projects/detail/Rialto?k=MjQ4MTA="},{"id":"references","value":"[{\"id\":\"1cc78e9e-cdf9-47ef-b9b1-b48d878dd64b\",\"url\":\"https://www.rootdata.com/projects/detail/Rialto?k=MjQ4MTA%3D\",\"description\":\"RootData project page for Rialto\",\"timestamp\":1785430470973},{\"id\":\"f01766dd-ab4f-4a1c-b9d5-6f65432a4d46\",\"url\":\"https://blog.rialto.xyz/blog/introducing-rialto\",\"description\":\"Rialto blog — Introducing Rialto\",\"timestamp\":1785430470973},{\"id\":\"a5350464-ba4d-4785-9d32-f478f9bf5cd1\",\"url\":\"https://docs.rialto.xyz/\",\"description\":\"Rialto documentation\",\"timestamp\":1785430470973},{\"id\":\"75c2c51f-b847-4173-a1c4-e837dbc249c8\",\"url\":\"https://phemex.com/news/article/rialto-launches-onchain-spot-exchange-for-multiasset-trading-91657\",\"description\":\"Phemex news article on Rialto launch\",\"timestamp\":1785430470973},{\"id\":\"005505e0-5c6c-401c-a869-9d0cd379cca7\",\"url\":\"https://ethdaily.io/rialto-emerges-from-stealth-with-propamm-spot-exchange\",\"description\":\"ETHDaily coverage of Rialto's PropAMM launch\",\"timestamp\":1785430470973},{\"id\":\"ec0c8c0b-7c18-408a-9954-99b04155aa10\",\"url\":\"https://www.weex.com/news/detail/the-on-chain-exchange-rialto-is-officially-launched-supported-by-robinhood-and-arbitrum-and-offers-multi-asset-trading-r1jj8bkd8itutl2i4621ohfq\",\"description\":\"WEEX news on Rialto launch\",\"timestamp\":1785430470973},{\"id\":\"7a8c532c-2844-4145-a11b-70758f475b5b\",\"url\":\"https://www.cryptotimes.io/2026/07/28/varo-hits-31-6m-volume-within-first-14-hours-on-robinhood-chain/\",\"description\":\"CryptoTimes report on Varo volume\",\"timestamp\":1785430470973},{\"id\":\"b5bea37c-0657-4a7a-ad5d-e86829b13dd6\",\"url\":\"https://www.rialtobridge.xyz/\",\"description\":\"Rialto Bridge (distinct entity)\",\"timestamp\":1785430470973},{\"id\":\"L53tNOBSW92l9EhH\",\"url\":\"https://x.com/riley\\\\_gmi/status/2074161449619116314\",\"description\":\"Riley's X account\",\"timestamp\":1785431209452},{\"id\":\"2J8AIa7lIFmlFwa8\",\"url\":\"https://x.com/rialto\\\\_xyz\",\"description\":\"Rialto's X account\",\"timestamp\":1785431209453}]"},{"id":"commit-message","value":"\"Added new Rialto wiki\""}],"events":[{"id":"9fd4117c-c88d-41ad-ac81-11932fb460e7","date":"2026-07-01","title":"Rialto Inception","type":"CREATED","description":"Rialto was officially launched, marking the beginning of a new onchain trading era with deep liquidity for diverse asset types.","link":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0x04e4a72e18b46EC55Ba1361CEFcEF0404b520f47"},"language":"en","version":1,"linkedWikis":{"blockchains":["arbitrum"],"founders":["anon"],"speakers":[]}}