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Arbitrum DAO Approves Use of 35 Million ARB to Tokenize U.S. Treasury Bonds

Arbitrum DAO Approves Use of 35 Million ARB to Tokenize U.S. Treasury Bonds

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Bitget2025/05/08 13:09

According to TheBlock, Arbitrum DAO has approved through on-chain voting to allocate 35 million ARB (approximately $11.6 million) to tokenized U.S. Treasury products from three institutions. 35% will be invested in Franklin Templeton's FOBXX (token code BENJI); 35% in Spiko's USTBL; and 30% in WisdomTree's WTGXX.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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