<ul><li>ArbitrumDAO has allocated 35M ARB for the Stable Treasury Endowment Program (STEP) towards tokenized U.S. treasuries with institutional partners Franklin Templeton, Spiko, and WisdomTree.</li><li>The allocation breakdown includes 35% each to Franklin Templeton’s FOBXX (BENJI) and Spiko’s USTBL, with the remaining 30% assigned to WisdomTree’s WTGXX after a thorough evaluation process.</li><li>The move signifies a significant step for Arbitrum in merging cryptocurrency and traditional finance, with industry experts viewing it as a noteworthy milestone for the crypto sector.</li><li>Arbitrum's STEP program aims to expand its treasury with tokenized real-world assets like U.S. Treasuries, showing promising outcomes with approximately $700,000 in yield from initial investments.</li></ul>

ArbitrumDAO Approves 35M ARB for STEP 2 with Franklin Templeton, Spiko, WisdomTree

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