Arbitrum DAO approves 35 million ARBs to be invested in tokenized U.S. Treasuries

Odaily News Arbitrum DAO passed a proposal to allocate 35 million ARB tokens to tokenized U.S. Treasury products provided by Franklin Templeton, Spiko and WisdomTree, aiming to improve the capital efficiency of the DAO treasury while maintaining the liquidity and security of assets. It is reported that the allocation ratio is: 35% to Franklin Templeton's FOBXX, 35% to Spiko's USTBL, and 30% to WisdomTree's WTGXX. (The Block)