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