Arbitrum Diversifies $27 Million Treasury with Ondo-Backed Real-World Assets

The Arbitrum Endowment Committee is bridging traditional and decentralized finance with a proposed $27 million investment across six real-world asset (RWA) products to diversify its DAO treasury. This announcement was amped up by Ondo Finance through X (formerly Twitter), highlighting the allocation of over 17% of these assets into their US Dollar Yield Token (USDY) The post Arbitrum Diversifies $27 Million Treasury with Ondo-Backed Real-World Assets appeared first on Coin Edition .

Source: Coin Edition