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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageThe Currency Analytics
September 12, 2023

MakerDAO Explores $100 Million Investment in Tokenized U.S. Treasury Bills

In a groundbreaking proposal, DAO-focused financial advisory firm Steakhouse, in collaboration with the esteemed research and development company Phoenix Labs, is advocating for the MakerDAO community to consider allocating a substantial sum of up to $100 million from its reserves into the realm of tokenized U.S. Treasury Bill (T-Bill) products. This proposal, currently in its discussion phase, seeks to explore new horizons for MakerDAO, the issuer of the DAI decentralized stablecoin.

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cover-imageNewsBTC
September 8, 2023

MakerDAO Explores Tokenized T-Bills With $100 Million Allocation Plan

Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products. The proposal, currently in the discussion phase, aims to explore new avenues for financial innovation within the decentralized finance (DeFi) ecosystem.

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