Arbitrum DAO’s $15.5M investment in RWAs marks one of the largest DAO-led treasury diversification moves in Web3.
Growing RWA adoption in DeFi could drive Ethereum’s demand, strengthening its long-term market position.
A few years ago, Arbitrum DAO increased its Short-Term Incentive Program (STEP) budget by $23.4 million, funding 26 projects with 21.1 million ARB tokens, as previously reported by CNF. Now, the DAO is making another significant move by allocating $15.5 million into Real-World Assets (RWAs).
Strategic Investment Through STEP 2.0
As announced today in a tweet, the Arbitrum DAO community approved the transfer of 35 million ARB tokens, equivalent to approximately $15.5 million at the current ARB price of $0.44, into stable assets.
The DAO just approved 35M ARB for RWAs via STEP 2.0. This brings the total RWA investments from the DAO treasury to 85M ARB, one of the largest DAO-led RWA allocations in Web3!
This initiative is part of the Stable Treasury Endowment Pro
