Thrilled to share that the Arbitrum DAO’s Treasury Diversification Committee has proposed allocating 35% to Spiko’s USTBL, alongside @FTI_US’s FOBXX (35%) and @WisdomTreeFunds’s WTGXX (30%) as part of the STEP 2 initiative.

Being awarded the top allocation out of dozens of applications is a strong vote of confidence in the strength of our product. Snapshot for final ratification will happen on Thursday, May 1st.

USTBL is the first UCITS-compliant MMF powered by public blockchain technology, and @arbitrum will remain a cornerstone of our strategy and tech stack moving forward (💙,🧡)