ArbitrumDAO allocated 35% of its STEP 2 Treasury deployment to Franklin Templeton’s FOBXX and Spiko’s USTBL each, and 30% to WisdomTree’s WTGXX, following a review of over 50 proposals.
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Following a request for proposal process that evaluated over 50 submissions, the Ethereum Layer 2's DAO approved an allocation of 35% to Franklin Templeton's FOBXX (tokenized as BENJI), 35% to Spiko's USTBL, and 30% to WisdomTree's WTGXX under the STEP 2 real-world asset program.
Following a competitive request-for-proposal process that reviewed more than 50 applicants, the DAO approved the following allocations for STEP 2
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