Arbitrum DAO has approved the use of 35 million ARB to tokenize US Treasury Bonds

Blockbeats
08 May

BlockBeats News, May 8th, according to TheBlock, the Arbitrum DAO has approved through on-chain voting the allocation of 35 million ARB tokens (approximately $11.6 million) to three institutional tokenized US Treasury bond products. 35% will be allocated to Franklin Templeton's FOBXX (token code BENJI); 35% will go to Spiko's USTBL; and 30% will go to WisdomTree's WTGXX.

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