Arbitrum DAO commits $15.5m to tokenized RWAs in latest treasury move

Arbitrum DAO doubles real asset investments with the approval of a proposal to allocate more funds to the sector.

In February. 18, the Aritrum Dao announcement that the community had approved the allowance of 35 million ARB in various stable assets. To the current arbitrum (ARB) Price of around $ 0.44, total investment is estimated at around $ 15.5 million.

The funds come from the endowment program of the stable treasury of the project, which previously allocated 35 million ARB to investments in six products in June 2024.

The stage is an initiative to invest 1% of the Dao Arbitrum Treasury in token Rwas. The program aims to diversify the Treasury of the DAO while taking advantage of the growth of the sector to generate a return.

The last allowance is part of the STEP 2.0 initiative of Arbitrum DAO. It is added to 35 million ARBs from stage 1.0 and 15 million ARBs from cash management, bringing the total RWA investments to 85 million ARB. According to Arbitrum Dao, this investment is currently one of the largest in a DAO.

“So far, STEP has accumulated $ 450,000 of interest in the DAO,” said the Arbitrum Foundation in an article on X.

In July of last year, the Arbitrum community approved Allocations in Blackrock’s Buidl, USDY of Ondo Finance and USTB of Superstate. The other tokenized asset products selected for investment included the USDM of Mountain Protocol, the Openden Openeden and the BIB01 in supported finance.

The growing presence of arbitrum on the RWA market is obvious in the total amount of chain assets launched on the network in 2024. With Blackrock and Franklin Templeton among those expansion Their products in Arbitrum, the Rwa market share of the network increased from around $ 100,000 at the start of the year to around $ 70 million.

According to Rwa.xyz dataEthereum is currently leading the RWA market with more than $ 3.8 billion in assets. The Zksync era ranks second with almost $ 2 billion, while Stellar follows in third row with around $ 380 million.