According to NFT Plazas, Ethereum Layer2 network Arbitrum has announced an investment of US$10 million in blockchain game projects through the newly established venture capital program Arbitrum Gaming Ventures. The funding, part of a $200 million initiative funded by the Arbitrum DAO, focuses on supporting early project construction within the Arbitrum ecosystem, and is the first major funding under the initiative, with venture capital firms Paradigm, Framework Ventures and BITKRAFT also participating. Five projects have been funded, covering game development and infrastructure, including Wildcard, a multiplayer competitive game, Hyve Labs, a game-specific Rollup solution, Layer3 game chain Xai based on Arbitrum Orbit, chain game studio Proof of Play, and T-Rex, an infrastructure focused on consumer blockchain.