Arbitrum’s DAO is making a bold push into tokenized finance, committing $11.6 million worth of ARB to blockchain-based U.S. Treasurys in a move that signals growing institutional ambitions.
The initiative—part of its STEP program—is aimed at giving the network exposure to low-risk, yield-generating real-world assets.
After reviewing over 50 applicants, the DAO has selected three seasoned asset managers: Franklin Templeton, Spiko, and WisdomTree. Each will receive a slice of the 35 million ARB allocation, with their onchain Treasury products now set to anchor Arbitrum’s diversified treasury.
The voting outcome left little doubt—nearly 89% supported the decision. The breakdown gives 35% each to Franklin and Spiko, while WisdomTree receives the remaining 30%. Selection criteria centered on factors like fees, risk exposure, and community fit, overseen by a STEP committee of DAO-elected members.
This marks another step in Arbitrum’s strategy to integrate traditional financial players into its ecosystem. Since STEP launched six months ago, the program has generated over $650,000 in passive interest. Key figures behind the initiative say the involvement of legacy giants signals a breakthrough for DeFi’s institutional narrative.
While unselected applicants can reapply in future rounds, the latest allocation already cements Arbitrum’s growing role as a bridge between decentralized networks and traditional asset management.
Alexander Stefanov
Reporter at Coindoo
Алекс е опитен финансов журналист и ентусиаст в областта на криптовалутите и блокчейна. С над 8 години опит в отразяването на крипто, блокчейн и финтех индустриите, той дълбоко разбира сложния и постоянно развиващ се свят на дигиталните активи. Неговите проницателни и провокиращи мисълта статии предоставят на читателите ясна картина на най-новите развития и тенденции на пазара. Страстният му подход му позволява да разбива сложни идеи на достъпно и проницателно съдържание. Следете съдържанието му, за да сте в крак с най-важните тенденции и теми.
Source: https://coindoo.com/arbitrum-backs-tokenized-bonds-with-major-treasury-allocation/