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The Arbitrum DAO announced plans to invest $29 million worth of ARB into on-chain Real-World Assets (RWAs), marking a significant commitment to diversify its treasury. As part of its Stable Treasury Endowment Program (STEP), the DAO will annually allocate 1% of its assets into RWA products. This year, after evaluating 17 candidates, STEP has chosen six products for investment, including ventures like BlackRock’s BUIDL and Ondo’s USDY. Further highlighting the growth in on-chain RWAs, the market cap for on-chain securities has escalated by 121% in 2024, reaching $1.72 billion. This trend underscores the expanding role of blockchain technologies in traditional asset markets, with innovations like tokenized U.S. treasuries receiving high ratings from Moody’s.”,”attrs”:{“style”:{“font-size”:”11pt
Check Out the Latest Prices, Charts, and Data of “,”attrs”:{“style”:{“font-size”:”11pt
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#LearnWithBybit”,”attrs”:{“style”:{“font-size”:”10pt
#LearnWithBybit”,”attrs”:{“style”:{“font-size”:”10pt
#LearnWithBybit”,”attrs”:{“style”:{“font-size”:”10pt
