Arbitrum Embraces Traditional Finance: Major Asset Managers Selected for Tokenized Bond Program

Arbitrum has selected three renowned asset management firms to participate in its STEP program, a groundbreaking initiative designed to introduce the network’s users to low-risk, yield-generating real-world assets. This strategic move involves a significant allocation of 35 million ARB tokens, which will be distributed among Franklin Templeton, Spiko, and WisdomTree.