🚨#ARBITRUM DAO COMMITS $11.6M IN $ARB TO #TOKENIZED U.S. TREASURYS

🔹DAO approves 35M ARB (~$11.6M) allocation under STEP Phase 2

🔹Funds go to Franklin Templeton (BENJI), Spiko (USTBL), and WisdomTree (WTGXX)

🔹89% of votes in favor; decision follows a competitive RFP process

🔹Builds on STEP’s success in earning $700K yield from RWAs

🔹Arbitrum now holds $240M+ in tokenized assets onchain

-The Block, May 8, 2025