TechFlow reports, according to Snapshot data, that the Arbitrum RWA development initiative has nominated six projects for allocation of 35 million ARB: Securitize BUIDL 56 (11 million), Ondo USDY 22 (6 million), Superstate USTB 24 (6 million), Mountain USDM 15 (4 million), OpenEden TBill 15 (4 million), and Backed Finance bIB01 17 (4 million).
Proposed in April 2023, the initiative aims to achieve 1% financial diversification for Arbitrum annually through growth of the RWA ecosystem. The current proposal faces a 76.8% opposition rate and will conclude on July 11.
Add to Favorites
Share to Social Media
