PANews reported on February 19 that ArbitrumDAO announced that the community has approved the allocation of 35 million ARB to various stable assets, with a total investment value of approximately US$15.5 million. These funds come from the project's Stable Treasury Endowment Program (STEP), which previously allocated 35 million ARB to investments in six products in June 2024.
It is understood that STEP is a plan to invest 1% of ArbitrumDAO funds in tokenized RWA, aiming to diversify DAO funds while taking advantage of industry growth to generate returns. The latest allocation is part of the Arbitrum DAO STEP2.0 plan. Together with the 35 million ARBs of STEP 1.0 and the 15 million ARBs managed by the treasury, the total investment in RWA has reached 85 million ARBs. ArbitrumDAO claims that this investment is currently one of the largest investments in DAO.
