
Arbitrum has announced a $10 million investment in blockchain gaming through its newly formalised Arbitrum Gaming Ventures initiative, representing the first $10 million round of a broader $200 million program funded by the Arbitrum DAO. Venture capital firms Paradigm, Framework Ventures, and BITKRAFT are participating in this initiative. Five projects—Wildcard, Hyve Labs, T-Rex, Xai, and Proof of Play—have been selected for funding. Wildcard is developing a multiplayer game, Hyve Labs is building a gaming-specific rollup for cross-platform play, T-Rex is focused on consumer blockchain infrastructure in Southeast Asia, Xai is constructing a Layer 3 chain to connect PC games to blockchain features, and Proof of Play, best known for Pirate Nation, operates as an on-chain game studio. According to Rick Johanson, Partner at Arbitrum Gaming Ventures, the initiative is backing founders who are building both games and infrastructure for the Arbitrum ecosystem. The program is expected to make further investments over time, as part of a long-term strategy to expand and retain developers within the Arbitrum ecosystem.
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