MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

Coin Telegraph LogoCoin Telegraph1 mo ago

MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

Quick Summary AI Powered

The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds.

The Maker Governance votes to determine how to allocate 500 million DAI between different investment strategies.

Once an option is chosen, European wholesale lender Monetalis will provide MakerDAO access to the financial instruments it wants.

More Pictures


Article Details

Author / Journalist: Cointelegraph By Brian Newar

Category: Crypto

Topics: MIP 65 Monetalis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 06:27:08

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 475 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 19726

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website:

Update Frequency: 25 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.