Arbitrum DAO earmarks $11M for tokenized US Treasurys investment
Share link:In this post: The Arbitrum DAO has approved a $11.6 million allocation of 35 million ARB to tokenized U.S. Treasurys through Franklin Templeton, Spiko, and WisdomTree as part of the next phase of its STEP program. Approximately 89% of participants voted in favor of the allocation during the on-chain vote that concluded on May 8, 2025. The STEP 2 initiative is a foundational step for Arbitrum to deepen institutional involvement and position itself as a leading RWA platform.
Cryptopolitan•2025-05-09 02:34