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ArbitrumDAO approved an allocation of 35 million ARB tokens worth around $11.6 million at current prices to tokenized U.S. Treasurys under the STEP 2 program.
STEP is ArbitrumDAO’s flagship treasury initiative designed to invest DAO funds in tokenized real-world assets to generate sustainable on-chain yield.
Arbitrum is an Ethereum Layer 2 scaling solution governed by a decentralized autonomous organization (DAO) focused on real-world asset adoption.
ArbitrumDAO’s STEP 2 program allocated 35 million ARB, valued at $11.6 million, to tokenized U.S. Treasurys issued by Franklin Templeton, Spiko, and WisdomTree.

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