Arbitrum Awards Biggest-Ever Foundation Grant to Lotte, the South Korean Megacorp Lotte Group

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Arbitrum, the largest layer-2 network on top of Ethereum, has awarded its biggest-ever developer grant to Lotte Group, the multibillion-dollar South Korean conglomerate known for its vast portfolio of shopping malls, media companies and entertainment properties. According to Offchain Labs, the developer behind Arbitrum, the grant cements Arbitrum as the main blockchain infrastructure provider for Caliverse, Lotte's metaverse gaming platform. Offchain Labs shared the news at CES 2025, the technol...