Arbitrum DAO has approved a 35 million $ARB allocation to tokenized U.S. Treasurys, totaling $11.6 million. This move is part of the next phase of its Stable Treasury Endowment Program (STEP), which aims to bridge traditional finance with crypto. Major players like Franklin Templeton, Spiko, and WisdomTree are involved, boosting Arbitrum’s position in the market. This decision shows growing institutional interest in Layer 2 projects.

#ARB #CryptoGovernance #Layer2

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