Arbitrum Foundation Eyes Japanese Market for Ethereum Layer 2 Expansion

Arbitrum Foundation Eyes Japanese Market for Ethereum Layer 2 Expansion

Today, the Arbitrum Foundation, an organization dedicated to supporting Arbitrum, an Ethereum Layer 2 network, announced a strategic partnership with protocol studio Fracton Ventures.

The collaboration seeks to establish Arbitrum's footprint in Japan, an outcome to be achieved through the launch of Arbitrum Japan, a platform designed to kickstart ecosystem growth and community education initiatives.

Collaboration to Accelerate Blockchain Adoption in Japan
Arbitrum Foundation's Head of Ecosystem Development, Nina Rong, noted the vast potential inherent in the Japanese market in the press release.

"In our collaboration with Fracton Ventures, we feel we are uniquely positioned to reach a new demographic of developers, innovators, and blockchain-curious consumers that haven't previously been exposed to the benefits of blockchain technology," she said. "And how Arbitrum has leveraged that tech to become the leading Layer 2 scaling platform throughout the industry."