The “strategic investment” will be converted from its overcollateralized stablecoin, with 80% going towards U.S. short term Treasuries and the remaining 20% to investment grade corporate bonds. MakerDAO’s community voted in favor of the allocation proposal, which was presented in late June.
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- business
- coinbase
- Coindesk
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet
More from Alontrus Group & CoinDesk
Binance Exec Says Firm’s ‘Centralized Exchange’ May Not Be Around in 10 Years
Source Node: 1766368
Time Stamp: Dec 1, 2022
SEC Charges 18 Utah Defendants in $50M Crypto Fraud Scheme
Source Node: 2195136
Time Stamp: Aug 3, 2023
No, Sam Bankman-Fried Is Not Being Bailed Out by Democrats
Source Node: 2190980
Time Stamp: Jul 28, 2023
Bitcoin Miner Rhodium Going Public Through Reverse Merger With SilverSun Technologies
Source Node: 1705589
Time Stamp: Sep 29, 2022
Texas GOP Aims to Enshrine Crypto in State’s Constitution
Source Node: 1593456
Time Stamp: Jul 22, 2022
Regulators Need Power to Take Down Foreign Crypto Sites, IOSCO Says
Source Node: 1723245
Time Stamp: Oct 14, 2022
Number of Stablecoin Holders Nears 100M Mark, Data Show
Source Node: 2556198
Time Stamp: Apr 24, 2024
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
Source Node: 2391467
Time Stamp: Nov 20, 2023
Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon
Source Node: 2289180
Time Stamp: Sep 22, 2023
