The Arbitrum Foundation announced Thursday that the Arbitrum DAO has approved the next phase of its Stable Treasury Endowment Program (STEP), following an onchain vote.
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Arbitrum DAO approves 35 million ARB allocation to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree
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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.
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