Arbitrum DAO's proposal to allocate 35 million ARBs to RWA investments has been approved

Odaily Planet Daily News: Arbitrarum DAO announced that the community has approved the allocation of 35 million ARBs to various stable assets, with a total investment value of approximately $15.5 million. These funds come from the Stable Treasury Donation Program (STEP) of the project, which had previously allocated 35 million ARBs to investments in six products in June 2024. It is understood that STEP is a plan aimed at investing 1% of Arbitrarum DAO funds in tokenized RWAs, with the aim of diversifying DAO funds while leveraging industry growth to generate returns. The latest allocation is part of the Arbitrarum DAO STEP 2.0 plan. Adding 35 million ARBs from STEP 1.0 and 15 million ARBs from Treasury Management, the total investment in RWA reaches 85 million ARBs. Arbitrarum DAO stated that this investment is currently one of the largest investments in DAO.