According to Odaily, the Arbitrum RWA development plan has nominated six projects for the allocation of 35 million ARB. The projects include Securitize BUIDL 56, which is set to receive 11 million ARB, Ondo USDY 22 with 6 million ARB, Superstate USTB 24 also with 6 million ARB, Mountain USDM 15 and OpenEden TBill 15 both with 4 million ARB, and Backed Finance bIB01 17 with 4 million ARB.
The plan was proposed in April 2023 with the aim of achieving 1% financial diversification of Arbitrum annually through the growth of the RWA ecosystem. However, the current proposal faces a high opposition rate of 76.8% and is set to conclude on July 11.