Arbitrum DAO has greenlit a significant allocation of 35 million #ARB to tokenized US Treasurys from Franklin Templeton, Spiko, and WisdomTree. This strategic move sees approximately $ 11.6 million of Arbitrum's treasury now invested in Franklin Templeton's FOBXX, Spiko's USTBL, and WisdomTree's WTGXX. The decision aims to diversify holdings and explore the intersection of traditional finance and blockchain technology. This marks a notable step for #Arbitrum in leveraging traditional assets within the decentralized finance landscape.
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