MakerDAO goes ahead with $500M investment in treasuries and bonds
$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasurys and corporate bonds in an effort to provide the protocol low-risk additional yield.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
$500 million of the funds currently collateralizing the Dai stablecoin will be reallocated to U.S. Treasurys and corporate bonds in an effort to provide the protocol low-risk additional yield.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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