Arbitem DAO is doubled on real -world asset investments with the approval of the proposal to allocate more funds to the region.
On 18 February, mediation dao Announced The community approved the allocation of 35 million ARBs in various stable assets. At the current mediator (ARB) price of approximately $ 0.44, the total investment value is approximately $ 15.5 million.
Funds come from the stable Treasury Endowment Program of the project, which earlier allocated 35 million ARBs for investment in six products in June 2024.
Step is an initiative to invest 1% of Arbitrum DAO Treasury, which is in tokens in RWAS. The program tries to diversify the DAO treasury, taking advantage of the growth of the area to generate yield.
The latest allocation Arbitrum is part of Phase 2.0 initiative of DAO. This connects the stage 1.0 and 15 million ARB to 35 million ARB from Treasury management, causing the total RWA investment to reach 85 million ARBs. According to Arbitrum DAO, this investment is currently one of the largest by a DAO.
“So far, Step has earned an $ 450K in interest for DAO,” the Arbitrum Foundation said in a post on X.
In July last year, the Arbitrum community approved the allocation of Blacrock’s Buddle, Ondo Finance USDE and Superstate’s USTB. Other token asset products selected for investment included USDM of Mountain Protocol, TBill of Openeden and BIB01 of supported finance.
The increasing presence of an arbitration in the RWA market is evident in the total amount of on-chant assets launched on the network in 2024. The network’s RWA market share initially rose by about $ 100,000, with Blackrock and Franklin Templeton. About $ 70 million a year.
As Rwa.xyz dataThe atherium currently leads the RWA market, which is in more than $ 3.8 billion assets. Zksync Era is in second place with around 2 billion dollars, while the steller is with about 380 million dollars in the third.
