- Arbitrum Endowment Committee recommends six RWA products, investing 35 million ARB to diversify and stabilize its treasury.
- Largest allocation of 11 million ARB to BlackRock’s BUIDL Fund, with significant parts to Ondo Finance and Superstate’s funds.
- Total value of tokenized treasury product tokens has doubled since year start, reaching $1.72 billion in current valuation.
The Arbitrum Endowment Committee is bridging traditional and decentralized finance with a proposed $27 million investment across six real-world asset (RWA) products to diversify its DAO treasury.
This announcement was amped up by Ondo Finance through X (formerly Twitter), highlighting the allocation of over 17% of these assets into their US Dollar Yield Token (USDY) while noting they are currently unavailable in the U.S. market because of the regulatory restrictions.
@Unchained_pod reports on the recent proposal to diversify @arbitrum DAO treasury assets into yield-bearing assets, with over 17% set to be allocated to $USDY.https://t.co/halQESJiyaThe post Arbitrum Diversifies $27 Million Treasury with Ondo-Backed Real-World Assets appeared first on Coin Edition.NOTE: USDY is not, and may not be, offered, sold, or otherwise made available in the US… https://t.co/3gQfjqb9qQ
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