Arbitrum to allocate 35 million ARBs for RWA development program
Snapshot shows that the Arbitrum RWA Development Program nominated six projects for which it proposes to allocate 35 million ARBs: Securitize BUIDL 56 (11 million), Ondo USDY 22 (6 million), Superstate USTB 24 (6 million), Mountain USDM 15 (4m), OpenEden TBill 15 (4m) and Backed Finance bIB01 17 (4m). It was noted that the plan, proposed in April 2023, aims to diversify Arbitrum's finances by 1% per year through the growth of the RWA ecosystem. The current proposal has a 76.8% opposition rate and will close on July 11th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Saylor calls money “economic energy” and bets Bitcoin leaks the least
Luca Mining Q2 FY26 net earnings swing to USD 10.51 million; revenue rises to USD 58.41 million
Solocal reports 35,903,712 issued shares, 35,850,628 exercisable voting rights as of July 31
Crypto prices
More
