TL;DR
- The Arbitrum DAO community has approved allocating $11.6 million (35 million ARB) to tokenized U.S. Treasurys through Franklin Templeton, Spiko, and WisdomTree, strengthening its STEP program.
- About 89% of voters supported this strategic allocation to attract more institutions into the crypto ecosystem.
- This move positions Arbitrum as a leader in real-world assets (RWA), showing confidence and maturity to the global financial market.
The Arbitrum Foundation announced yesterday that its DAO has given the green light to the next phase of the Stable Treasury Endowment Program (STEP), following an on-chain vote concluded on May 8. As part of this strategy, 35 million ARB (equivalent to $11.6 million) will be allocated to tokenized U.S. Treasurys, distributed among Franklin Templeton (35%), Spiko (35%), and WisdomTree (30%). This decision came after evaluating more than 50 proposals, aiming to balance fees, risk, diversification, and community participation while maximizing overall strategic impact to expand institutional involvement.
The excitement was clear: nearly 89% of voters supported the measure, reflecting confidence that these moves not only diversify the project’s treasury but also strengthen the growth of the RWA sector on the network. With only 0.01% voting against and 11% abstaining, it’s clear the community sees this alliance as a step forward in Arbitrum’s institutional strengthening and future competitiveness.
According to Matthew Fiebach from “Entropy Advisors”, the public interaction of giants like Franklin Templeton and WisdomTree with a DAO marks a milestone, setting a new benchmark for the entire crypto ecosystem, helping bridge the gap between DeFi and TradFi.
Strengthening The Bond Between Crypto And Traditional Finance
This progress is not merely symbolic. Roger Bayston of Franklin Templeton emphasized that leveraging Arbitrum’s Layer 2 technology enables faster, more scalable, transparent, and efficient solutions for clients, consolidating innovation as a central pillar of the project. Since its launch six months ago, the STEP program has already generated over $650,000 in interest for the DAO, demonstrating that the strategy is not only long-term but also immediately profitable, enhancing the protocol’s reputation and attracting more participants.
A Bright Future For Tokenized Real-World Assets
Arbitrum is not merely betting on one-off partnerships; it is laying the groundwork to become a reference point in the tokenization of real-world assets. This move means that the crypto ecosystem is mature, secure, and ready to handle institutional-level financial operations. Cases like this show that blockchain can be an ally to traditional finance and open a new chapter in the evolution of global markets, driving mass adoption.
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