The Arbitrum Foundation and Fracton Ventures partner to accelerate Ethereum Layer 2 adoption in Japan.
The partnership will help accelerate blockchain adoption in the region by creating ecosystem growth and community education initiatives.
In a press release, Nina Rong, the foundation’s head of ecosystem development, notes the vast potential inherent in the Japanese market and details the partnership’s two-pronged approach to achieving its goals.
The first part of the strategy is business development and ecosystem building while the second focuses on education and community support.
The company overviews how the project began with a token airdrop in March 2023.
Since then, Arbitrum has grown rapidly, surpassing even the largest cryptocurrencies such as Optimism and Coinbase