BlockBeats news, on May 8, according to TheBlock, Arbitrum DAO approved through on-chain voting to allocate 35 million ARB (approximately 11.6 million USD) to tokenized US Treasury products from three institutions. 35% invested in Franklin Templeton's FOBXX (token code BENJI); 35% invested in Spiko's USTBL; 30% invested in WisdomTree's WTGXX.