TechFlow news, February 19 — According to an official announcement, the Arbitrum DAO community has approved a new proposal to allocate an additional 35 million ARB (approximately $15.5 million) into various stable assets. This allocation is part of the Stable Treasury Endowment Program (STEP) 2.0.
Previously, STEP 1.0 invested 35 million ARB across six products in June 2024. Combined with the 15 million ARB managed by the treasury, Arbitrum DAO's total investment in RWA has reached 85 million ARB, making it one of the largest investments undertaken by the DAO.
The STEP initiative aims to invest 1% of Arbitrum DAO's funds into RWA assets to achieve portfolio diversification and generate returns.
Add to Favorites
Share to Social Media
