BlackRock will provide investment services in U.S. Treasury bonds and corporate bonds for MakerDAO

ChainCatcher news, global asset management giant BlackRock is providing investment services for U.S. Treasury bonds and corporate bonds to MakerDAO. Additionally, MakerDAO is collaborating with companies such as Coinbase, Gemini, and Coinshares for related purchasing transactions.

It is reported that earlier this month, MakerDAO announced a grant of 500 million DAI for investing in U.S. short-term Treasury bonds and corporate bonds, with 80% allocated to U.S. short-term Treasury bonds and the remaining 20% to investment-grade corporate bonds. (Decrypt)