Arbitrum is a leading Layer 2 scaling solution for Ethereum developed by Offchain Labs. It uses optimistic rollup technology to process transactions off the main Ethereum chain while maintaining security and decentralization. Arbitrum significantly reduces transaction costs and increases throughput compared to Ethereum mainnet, making it attractive for DeFi applications, NFT platforms, and other decentralized applications. The network has become one of the most adopted Layer 2 solutions in the Ethereum ecosystem.
Arbitrum has received investment from 1 venture capital firm.
Layer 2 scaling solution for Ethereum that uses optimistic rollups to increase transaction throughput and reduce costs.
Arbitrum has received investment from Binance Labs. These venture capital firms and investors provide both capital and strategic support.
Arbitrum has raised $123.7M in total funding, with their most recent round being a Series B. The company operates in the Web3 sector.
Arbitrum was founded in 2018 and is headquartered in New York, NY.
Arbitrum operates in the Web3 sector. Layer 2 scaling solution for Ethereum that uses optimistic rollups to increase transaction throughput and reduce costs.