Arbitrum Gaming Ventures Announces $10M Investment to Power Web3 Gaming

By: defi news|2025/05/08 12:30:01

Arbitrum Gaming Ventures, a 200 million ARB initiative (around $65 million), revealed on Thursday, May 8 its first wave of investments and grants aimed at supercharging gaming on the Arbitrum network.Arbitrum is an Ethereum based Layer 2 (L2) scaling solution with a total value locked (TVL) of approximately $2.7 billion, according to DeFiLlama.The first round of funding, totaling around $10 million, is going to a group of experienced founders developing everything from games to publishing platforms and infrastructure, according to a press release viewed by The Defiant.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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