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The ArbitrumDAO has approved a $11.6 million investment in tokenized US Treasurys, allocating funds among Franklin Templeton, Spiko, and WisdomTree. Nearly 89% of voters supported the move, marking a significant step in institutional adoption of real-world assets (RWAs) on Arbitrum. This decision follows a thorough review of over 50 proposals, balancing risk, fees, and community engagement.
- The ArbitrumDAO allocated $11.6M across Franklin Templeton, Spiko, and WisdomTree for tokenized US Treasurys, with 89% voter approval.
- The STEP program has already yielded $650,000 in interest in six months, demonstrating early success in RWA investments.
- Franklin Templeton's Roger Bayston highlighted Arbitrum's Layer 2 tech as key to scalable, low-cost financial services.
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