According to PANews, ABC Labs announced a $2.2 million strategic investment in the Curve ecosystem, acquiring 6.46 million sdCRV and locking 923,000 SDT in a 4-year voting trust. This purchase gives the Reserve ecosystem the highest voting power among all non-founding entities in Curve DAO.

The purchase is part of ABC Labs’ ongoing $20 million investment into the Curve ecosystem to secure governance rights and facilitate RToken liquidity. Currently, the RToken liquidity pool on Curve holds approximately $25 million in assets, primarily on the Ethereum mainnet.

This additional investment is intended to further promote the liquidity of RToken on Curve, with an initial focus on Arbitrum. By investing in Arbitrum’s liquidity, Reserve expands its ability to guide incentives on mainnet and L2 networks through collaborative investments in DeFi governance.