Invezz
2023-06-22 03:32:44

MakerDAO completes acquisition of $700M worth of U.S. treasury bonds

MakerDAO has purchased additional U.S. Treasury bonds worth $700 million. The decentralized finance (DeFi) protocol houses the DAI stablecoin. Meanwhile, the latest purchase saw DAO’s total treasury bond balance hitting $1.2 billion. The move comes after the MakerDAO neighborhood voted to expand its United States Treasury bond value to $1.25 billion from $500 million in The post MakerDAO completes acquisition of $700M worth of U.S. treasury bonds appeared first on Invezz .

Kaynak: Invezz
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