Arbitrum | Crypto

Offchain Labs increases its ARB holdings, signaling long-term conviction in Arbitrum as governance token prices slump and layer-2 competition intensifies. Offchain Labs, the primary developer behind Arbitrum, has purchased additional ARB tokens, signaling long-term conviction in the network at a time when sentiment across the sector has weakened, and governance token prices have faced sustained pressure. In a post on X this week, Offchain Labs said it remains “committed to growing the Arbitrum ecosystem in a meaningful way,” adding that it has increased its direct exposure to Arbitrum (ARB) under an approved purchase plan.  The development company said the move reflects its intention to continue “doubling down on the development of Arbitrum in all respects.” Read more

Robinhood’s tokenization drive on Arbitrum now includes nearly 500 US stock and ETF tokens worth over $8.5 million, as the brokerage deepens its RWA push. Robinhood has expanded its tokenization initiative on the Arbitrum blockchain, deploying 80 new stock tokens in the past few days and bringing the total number of tokenized assets close to 500. According to data from Dune Analytics, Robinhood has tokenized 493 assets with a total value exceeding $8.5 million. Cumulative mint volume has surpassed $19.3 million, offset by around $11.5 million in burning activity, signaling a growing but actively traded market. Stocks account for nearly 70% of all deployed tokens, followed by exchange-traded funds (ETFs) at about 24%, with smaller allocations to commodities, crypto ETFs and US Treasurys. Read more

Arbitrum, the largest Ethereum layer-2 protocol, has launched a new initiative designed to channel liquidity into decentralized finance. The DeFi Renaissance Incentive Program (DRIP), announced on Sept. 3, will allocate up to $40 million in rewards to users performing targeted on-chain actions rather than simply generating attention. The program, structured by Entropy and powered by […] The post Arbitrum launches $40M DeFi incentive amid intensifying L2 race appeared first on CryptoSlate.

Altcoin season has concentrated on select tokens, with OKB surging after a major burn and blockchain launch, Arbitrum sustaining scaling momentum, and Sei advancing through consistent usage growth. Broader flows remain limited but target infrastructure and tokenomic changes. The post OKB, Arbitrum, SEI: The Altcoin Season Trio That Could Make You Filthy Rich appeared first on Cryptonews.

Arbitrum has climbed back toward $0.33 after shedding 7% from yesterday’s peak, while its $2.4 billion TVL, 1 million active wallets, and ties to Robinhood and Binance have reinforced its position as Ethereum’s busiest Layer-2, although the token remains 86% below its all-time high. The post Arbitrum ($ARB) Defies Market Slump: Can the Ethereum L2 Leader Hit $0.59 Next? appeared first on Cryptonews.

Robinhood is reportedly working on blockchain infrastructure that will enable European retail investors to trade US securities, Bloomberg News reported on May 7. According to the report, the brokerage platform is exploring a partnership with a digital asset firm to support the initiative and is considering Arbitrum and Solana as potential blockchain layers. People with […] The post Robinhood reportedly considering Solana, Arbitrum for new blockchain securities platform in Europe appeared first on CryptoSlate.

Arbitrum co-founder Steven Goldfeder has ruled out the L2 becoming a based rollup and was circumspect about becoming a native rollup too. Offchain Labs CEO Steven Goldfeders crypto origin story is classic geek gold. As a student at Princeton, he first heard about Bitcoin in 2013 during a visit day at Princeton. Professor Ed Felten the future inventor of rollups on Ethereum, co-founder of Arbitrum and a White House science advisor gave a five-minute lightning talk about the cost of a government destroying Bitcoin.  Goldfeders curiosity was instantly piqued, and that night, other students hosted a poker game with a half-BTC buy-in. As he says: That was back in the days when that was just ten bucks. If only Id held onto it… Read more