Arbitrum’s STEP Committee plans to invest 1% of DAO treasury assets into real-world asset products every year.

The news comes as the tokenized real-world asset sector is booming.

Tokenized Treasuries and real-world asset (RWA) protocols have continued to show strong growth throughout 2024.

“Tokenization can leverage the efficiency and transparency of blockchains to help modernize U.S. markets,” said Congressman French Hill.

Both the physical violin and its representative NFT are being used as collateral for the loan.

RWA-related tokens such as Ondo and Chainlink have surged following the Ethereum ETF approval.

Deutsche Bank is the latest global financial institutional to praise tokenization after joining the Monetary Authority of Singapore's Project Guardian initiative.

The pilot program explored the feasibility of delivering mutual fund price and rate data using Chainlink’s CCIP.

The esteemed credit rating agency argued that using public blockchains for tokenization offers significant efficiency benefits over legacy financial architecture.

The asset management firm’s $380 million OnChain U.S. Government Money Fund commands nearly a third of the tokenized Treasuries sector.