According to Foresight News, the Arbitrum Stable Treasury Endowment Program (STEP) committee has proposed an investment of 35 million ARB into Real World Assets (RWA). Specifically, the proposal includes an investment of 11 million ARB into BlackRock's BUIDL through Securitize, 6 million ARB each into Ondo USDY and Superstate USTB, and 4 million ARB each into Mountain USDM, OpenEden TBill, and Backed Finance blB01.
STEP has stated that the allocation scale is determined based on the assets under management (AUM) of each project. It also plans to invest 1% of the Arbitrum treasury funds into RWA annually. The STEP committee will publish the proposal on Snapshot on July 1.
